THIS….might provide some clues
If history repeats, we will be fine.
South Korea are a small country seeking to play a big game. Not a bully looking to pillage.
This means negotiations are more win/win for both sides.
Right out of PLS playbook .
They were in trouble earlier than this but used a mixture of debt/CR/equity placement (Tianq? (Sp?)) to shore up their business. They then were able to soar after getting down to sub 20c iirc. Posco have been a valued tho different partner there and could be a wonderful friend here.
Holding tight, $5 for mine in 2-3yrs even if it falls further here now.
Ann: Trading Halt, page-155
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Last
78.5¢ |
Change
-0.035(4.27%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.0¢ | 78.0¢ | $5.594M | 6.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 364538 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 13253 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |