I believe India will be the next force in construction like China was from 2000 - 2022
china can not buy Australian assets now because of what they have done since 2017 -18
India still supports buying Russian commodities and is probably aligned more with Chinese Russian views as it is part of the BRICS aswell. Corruption is rife ect.
India is not currently banned from buying Australian assets and they will have a huge appetite for building and iron ore in the future. They will also have cheap labour and cheap power.
based on all of this it seems that India should make a bid for the company asap. That is all assuming that metallurgical studies are good.
I believe India will be the next force in construction like...
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.66 |
Change
-0.240(1.27%) |
Mkt cap ! $1.146B | |||
| Open | High | Low | Value | Volume |
| $18.85 | $18.90 | $18.40 | $2.017M | 107.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 89 | $18.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.66 | 151 | 4 |
View Market Depth
| Last trade - 12.44pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$18.58 |
Change
-0.240 ( 1.32 %) |
||||
| Open | High | Low | Volume | ||
| $18.64 | $18.90 | $18.54 | 8771 | ||
| Last updated 13.02pm 08/05/2024 ? | |||||
| WA1 (ASX) Chart |