@Fat Pat agree with your sentiment, the only problem is if FIRB order Shenghe to exit, all they can do is dump their shares on the market. That's a fair parcel to off-load, might create a few headwinds while it sorts itself out.
News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths, page-267
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $54.61M | |||
| Open | High | Low | Value | Volume |
| 20.8¢ | 21.5¢ | 20.5¢ | $9.32K | 44.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6906 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 7599 | 1 |
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| Last trade - 15.30pm 23/08/2024 (20 minute delay) ? |
| PEK (ASX) Chart |