The problem is, with all the debt they have they could potentially go out of business in just a few years!
If that starts to look like the case then they are worth nothing!
BTW $20 is entirely possible!
Who says RIO and BHP won't start selling their product at a big loss for a while!
My view is we are in for another bounce sometime in the next month,
but I wouldn't bet on it.
Greece is part of the EU the biggest economy in the world!
If it goes bankrupt {which looks likely} the EU will also have more problems with some of these other countries like Spain and Slovenia.
On their current course we are looking at a 2008 event!
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3 | 1258 | 21.580 |
3 | 1995 | 21.570 |
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Price($) | Vol. | No. |
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