So let us just hypothesise that the sale of Teresa goes thought to the Chinese for $1.5Billion AUD. Let’s say in 3 weeks they pay their first of ten $150M deposits. What SP are we looking at, any bets? Are we looking $5ish like when the sale was first announced or b/c of the price of oil etc are we looking lower than that? Or higher? I know noone actually has a clue especially at the irrationality of the current market, but lets have a guess.
I’m thinking....$4.25ish
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anyone for a punt?
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