I reckon the news will be ok, and I agree with the BHPP buying out OTTO's stake, is chump change to them and that would make more sense than any of the other theories...unless they have done all the work to get everything signed and approved by the Phlippas THEN sell their stake to the Chinese (as we know the Phlipas and Chinese don't particularly like one another ATM...and as the ANN comes after the fully signed paper work and chats with DOE it makes sense that they do it now...either way, OTTO will benefit, the ANN only states about the farm in nothing about SC55 (which it would if they walked)....also I don't like seeing selling just before ANN like this but it was only $100k worth, not a lot and it could have been some guy who heard a wisper about farm in negotiations and panicked....we'll know tomorrow...
I reckon the news will be ok, and I agree with the BHPP buying...
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Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 16762591 | 22 |
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