Ace Oldfields Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Ace Oldfields Tbk. trades at Rp94 (market cap 117.65B, 11.9M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 477.3× Ace Oldfields Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 11.9M). Which is the better fit depends on your goals.
| KUAS | MBMA | |
|---|---|---|
Market Cap | 117.65B | 56.16T |
Volume | 11.9M | 48.81M |
Lot | 118.97K | 488.12K |
Turnover | 1.11B | 25.53B |
Average Price | 93.28 | 523.13 |
Value | 1.11B | 25.53B |
Indicative Equilibrium Price | 94 | 525 |
Indicative Equilibrium Volume | 5.88K | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Ace Pldfields Tbk (the Company) formerly PT Ace Panbrush Industry Tbk was established based on Notarial Deed No.85 of Sri Soetengsoe Abdoel Sjoekoer, S.H., dated September 18, 1989, notary in Jakarta. The Company started its commercial operations in 1989.
Read more on KUAS →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →