Because without yield improvement .. operating costs ~US$550 (maybe higher on lower Sep production), selling price ~US$550, they have corporate costs and borrowings to pay.... and they couldn't find a buyer for part of their one asset.
Ann: Binding Terms Agreed for POSCO JV, page-51
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$3.06 |
Change
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Mkt cap ! $9.166B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.08 | $3.02 | $21.34M | 7.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 288045 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 239671 | 41 |
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