I voted AGAINST on all 3 resolutions . . . but that does not mean I am talking down the stock . . . far from it, I think Grange is an excellent investment.
I only wear one hat around here and that is as a shareholder and as a shareholder I am looking for the very best return I can get.
I appreciate Shagang wears 2 hats, one as a shareholder and one as a buyer of pellets.
If I were a buyer I would expect some discount if I were to purchase 1 million tonnes of pellets . . . but I am not a buyer and any discount comes out of my pocket.
Whether or not Shagang gets a discount is of minor conseqence and definetly not a deal breaker . . . Grange remains an excellent investment.
Shagang Offtake, page-63
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25.0¢ |
Change
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Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.5¢ | $340.7K | 1.376M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 225779 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 84794 | 3 |
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