Good for a laugh and not much else. Has it escaped Justin's attention that the biggest growth driver of current steel demand in China is EXPORTS? Local demand may be running at 2-5% but export demand is running at a booming 20% plus.
A fair trading price on LICs is about a 10% discount to NTA, hence the ST sell sentiment.
Good for a laugh and not much else. Has it escaped Justin's...
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