They were allowed to trade last night in London and closed at the equiv. of 66c. AIM prices tendsto be 5 - 10% higher for ASX listed stocks so I predict high 50s - maybe higher, but the devil will be in the detail.
If a bidding war commences between Sinosteel & Shandong, which I feel is likely, she may fly past this figure in the weeks ahead.
This assumes I have predicted next week's announcement to be as I posted today.
sinosteel the partner, page-4
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