My very simplistic view of why Straits sold:
Straits' plant processed oxide material, Straits had completed mining the oxide resource. Not being interested in building a plant to process the sulphide material, I guess it was of no further use to them.
resource capital research, page-4
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Last
$2.11 |
Change
0.020(0.96%) |
Mkt cap ! $544.4M | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.11 | $2.04 | $462.0K | 222.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4666 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 4581 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DVP (ASX) Chart |