@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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21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $39.30K | 178.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72374 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 34158 | 2 |
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| PEK (ASX) Chart |