I think MS are probably right about a potential oversupply for a while, but not all the projects will get up and some high costs supply may still come off, so I am expecting subdued pricing to mid 25 around these current levels, +- 15%, and then a slow rise towards $20K/t.
On the takeover front , would prefer script over cash offer, but at a decent premium, so as to remain exposed to their assets and also take advantage of long term growth within a large miner.
Christopher
General Discussion, page-1848
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$3.98 |
Change
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Mkt cap ! $1.409B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $3.98 | $3.90 | $5.835M | 1.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2435 | $3.96 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 6111 | 4 |
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