..cracking announcement but with mixed feelings ..on the downside POSCO get a big whack at 5.8c because f..kwit shareholders having been selling this down for months to just gift the shares ..on the plus at least none of the new shares are coming back into the market like most other destructive raises so it's now game on to first product ..mind you same said f..kwit shareholders will probably do something weird in the short term ..
Ann: POSCO Signs Binding Agreement to Invest US$40m in Black Rock, page-5
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