Because without yield improvement .. operating costs ~US$550 (maybe higher on lower Sep production), selling price ~US$550, they have corporate costs and borrowings to pay.... and they couldn't find a buyer for part of their one asset.
Ann: Binding Terms Agreed for POSCO JV, page-51
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Last
$3.03 |
Change
0.050(1.68%) |
Mkt cap ! $9.257B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $47.36M | 15.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 297473 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 119857 | 52 |
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