@Fat Pat agree with your sentiment, the only problem is if FIRB order Shenghe to exit, all they can do is dump their shares on the market. That's a fair parcel to off-load, might create a few headwinds while it sorts itself out.
News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths, page-267
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $50.52M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $30.80K | 155.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 414238 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 356 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PEK (ASX) Chart |