Sorry off topic, but GXY aren't sitting on their hands, a number of initiatives underway, as follows;
1. Looking for Chem Plant JV in China
2. Share buy-back to counter shorts (Martin Rowley's words)
3. They have a potential minority partner visiting SDV next week, following the sacking of JP Morgan.
4. They working on getting a substitute [mine] asset from somewhere, which is the likes of Alliance,” Rowley said.
All good stuff for them and a sugar hit to sentiment for the sector.
Once PLS partnering deal is inked, funds alloacted to stage 3, downstream x 2, debt repaid, a $350 mill share buy back would be nice. The trading action today seemed a bit more promising, possibly thanks to GXY's share buy-back ann, or is it the POSCO JV announcement tomorrow, please, please, please, so Langleybs can rest assured KB is reading his posts.
Day to day discussions on S/P, page-11748
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Last
$3.07 |
Change
0.005(0.16%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.11 | $3.03 | $40.31M | 13.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 82467 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 346510 | 47 |
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| Last trade - 14.40pm 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |