Merdeka Battery Materials Tbk. vs Platinum Wahab Nusantara Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Platinum Wahab Nusantara Tbk. trades at Rp91 (market cap 296.43B, 11.14M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 193.1× Platinum Wahab Nusantara Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (89.37M versus 11.14M). Which is the better fit depends on your goals.
| MBMA | TGUK | |
|---|---|---|
Market Cap | 57.24T | 296.43B |
Volume | 89.37M | 11.14M |
Lot | 893.72K | 111.42K |
Turnover | 46.3B | 972.2M |
Average Price | 518.08 | 87.26 |
Value | 46.3B | 972.2M |
Indicative Equilibrium Price | 520 | 91 |
Indicative Equilibrium Volume | 90.42K | 47.08K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Platinum Wahab Nusantara Tbk. (the Company) was established based on Deed No. 16 dated June 6, 2018 of Notary Dr. Sugih Haryati, S.H., M.Kn., notary in Kota Tangerang. The Company started its commercial activities since 2018, by operating under the trademarks of "Teguk".
Read more on TGUK →