Stocks Down Under 10 September 2020: Mineral Resources, Alliance Aviation Services, Amaysim Australia, Carindale Property Trust Update
Mineral Resources: Benefiting from iron ore’s magnificent run
Despite a share price drop of 36% during the Corona Crash, Mineral Resources is now making the most of its iron ore mines against a backdrop of high iron ore prices and surging Chinese demand. Aside from being a mid-tier producer, this company has continued to invest in low-cost, next generation mining services as a core part of its growth strategy.
Also in today's edition, a look at private plane charter service Alliance Aviation Services, mobile phone network provider Amaysim Australia, and an update on Real Estate Investment Trust Carindale Property Trust.
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