I think you are getting slightly off track:
Ganfeng bought AJM's product at prices below cost. Yes the AJM spod is good.
But Ganfeng took the the plunge with PLS. They hold 150m shares. In Altura they just prepaid product and made offtake agreements, whose floor prices they did not respect.
All IMO of course.
I think you are getting slightly off track:Ganfeng bought AJM's...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $18.04K | 7.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 131 | 192132484 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 50525839 | 92 |
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| Last trade - 15.57pm 25/06/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |