What will GK & team buy?
They do have a plan.
IMHO the electrical revolution metals where demand is set to exceed supply by a magnitude are Al and Cu.
S32 has plenty of Al, so it is copper - a very crowded M&A market.
I keep coming back to SFR, whose Zn production is poorly understood and discounted away, whereas S32 knows the Zn market intimately.
Buying AAL's share of the Manganese JV (maybe nickel too) is easily funded from cashflow.
We shall see.
Ash
What will GK & team buy? They do have a plan. IMHO the...
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Last
$3.70 |
Change
-0.100(2.63%) |
Mkt cap ! $16.73B | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.74 | $3.68 | $35.20M | 9.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1869 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 127626 | 6 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| S32 (ASX) Chart |