that looks like a good headline...
I expect Shenghe cannot take more than 19% of PEK due to FIRB, Someone said they can take more of Mamba but i am going to go on a pre-announcement limb and say thats the equivalent of taking PEK, FIRB wont see the differentiation of PEK vs the asset its own.
Therefore this looks purely as an engagement between two parties, one of which is a shareholder opening up for governance issues. I hope its priced at market rates else not good, why the need for a conf this afternoon is very interesting
Ann: Executed Offtake Agreement and Strategic MOU with Shenghe, page-2
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $55.84M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $31.46K | 155.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 19715 | 2 |
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| Last trade - 15.54pm 05/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |