If i remembers correctly when we fell to this level last year, posco immediately puts in a takeover offer, obviously it got rejected reason being its significantly undervalues arrium etc etc. went up 140%+ to our peak of 1.80 months later.
load up when u can. A simple $1 represents a 40% gain. I bought in yesterday, will buy my 2nd lot in the coming days when my funds come thru.
bottom close ?, page-40
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