Court order was extended till Wednesday. Will see if gets extend again tomorrow.
I believe market is digesting the impact of the Opecs issue at current level. If the issue gets resloved in short time, the price may go to $1.3 range.If not (let's say it becomes a long drag court case for months and years), I see the share will still move up from current level, to about $1 range. Either case, the short selling effect is gone, thanks to the Opec crashes.
For EPA, we know the Hematite part is going to have some kind of "Compromise", which has reflected in current share price. If this cloud gets cleared, it will be a plus to the share.
The worst time for GBG maybe over already (when the Opec fell out). I think it's time to bet on the positive side of the share price.
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Court order was extended till Wednesday. Will see if gets extend...
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