Why on earth would they not proceed with hermosa ?
A write off of sought is simply accountability and paper shuffling.
I am not dismissing your prognosis, but i am curious why you would entertain the idea of not going ahead with such a project *?*
S32 has more than enough cash & is producing a lot of cash flow.
The China thesis is quite normal in the scheme of history.
They are at the moment from everything im reading and being told are focusing on manufacturing at the slight sacrifice of its housing sector.
Understandable. Manufacturing produces income, real estate is macro....allbeit...at the moment anyway.
Just curious.
$3 Party, page-111
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Last
$3.66 |
Change
-0.050(1.35%) |
Mkt cap ! $16.57B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.73 | $3.60 | $56.87M | 15.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 348810 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 22679 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| S32 (ASX) Chart |