Mind sharing your ruler over sums? You must have some pretty grim numbers regarding future revenue and EV up take to be so certain old mate will be losing money from a $1 base. As I understand USD to AUD cash backing is roughly 63cents and assets would be valued in the 175m AUD range for the lot. Boy you must really feel bad for the POSCO share holders, what forum do you post on warning them of their dud of a company?
GXY Price at posting:
$1.01 Sentiment: None Disclosure: Held