Australian (ASX) Stock Market Forum

Reply to thread

Ramifications. I hadn't realised how sensitive an exposure of this type can be to institutional investors. Seems a bit over the top but appears that's the way it is. I'd consider a buy of MIN if it weren't for its foray into Lithium. Lithium holds no interest for me as a fan of fossil fuels and I am dubious about EVs and what the future chemical constituents of batteries will be <- disruptive new technologies. Also I just checked, and CommSec stats shows high net gearing FY24 at 124%.  Added to which I'm trying to build my cash weighting and it's a pricey stock.


Not Held



[ATTACH=full]186621[/ATTACH]


Top