nice to see the wall moving upwards, we should have been 32c all this time.
Strange lack of volume even with what is more upside side (shenghe increase offer, 2nd player comes in) vs downside risk (Tanz pulls the plug, shenghe walks away from their significant investments to date)
So one could even argue we should be above take over price but the reality is there is no volume and spp sellers in the mix
PEK Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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