I just tried the link - HC beieves that "compare" and "share" with no space between them is a profanity. So when you do the paste to your browser remove the blank space.
Having read the articles, they appear to be restating current thinking. Soverign risk and changed tax structures are the reasons for the sell.
At the same time, a large company with diversified geography and commodities, could probably wear the soverign risk.
I will keep the stock on my watchlist, but am not buying yet, but I would not be surprised to see an XSTRATA, ANGLO AMERICAN or even ZFX/OXR have a try at aquiring it (although ZFX rejected it due to soverign risk last year, maybe with the larger capitalisation and diversified commodities it may be on the cards again)
lots of sell recommendations coming out
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Last
31.0¢ |
Change
-0.015(4.62%) |
Mkt cap ! $38.28M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 34.5¢ | 31.0¢ | $79.30K | 245.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 11104 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |