And what does a Argentine bond default mean for us? diddly squat, cheaper peso wages relative to our AUD/USD, cheaper supplies sourced within Argentina, ummmm are there even negatives? other than a sensationalist headline?
Apparently the take up of the SPP was v.good. Perhaps a share buyback with the surplus funds rather than a scale back of applications? Get rid of all these weak hands :/
I'm too emotional to trade this one well Hottie :( Mathematically speaking, as a stock trades the capital pool trading those shares shrinks, as some capital is siphoned away through brokerage fees and ASX royalties each time a trade is made.
To me ORE is worth $4+ and I'm not budging. I wonder if Rockwood will come a knocking now that Talison is off the cards for them?
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