From POSCO Operational regulation of BoD:
"②The regular BOD meeting, in principle, shall be held once a month in January, February, March, May, August, November and December."
As we have heard nothing, i guess the august BoD meeting hasnt happened yet and it should be in the next two weeks. If the big players know the exact date, i'm sure we will see some orderly hedging/covering of short positions prior to the meeting.
If they are not following this meeting, there could be some short to medium term pain for the big guys.. That is until they work out how to stomp on the share price again...
GXY Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
