Absodoodle!
BHP has no use for 40% of S32's Manganese business if it wins AAL. It would appreciate a quick clean exit for cash, given the complexity it faces in divesting other unwanted bits of AAL. GK & team will happily oblige.
We dont know price, suppressed by cyclone damage to Groote Eylandt.
S32 emerges a stronger business.
GK would likely put his hand up for AAL's Ni mines too. He has plenty money on hand from selling Illawarra and banks would happily lend more.
Ash
Absodoodle!BHP has no use for 40% of S32's Manganese business if...
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Last
$2.96 |
Change
-0.020(0.67%) |
Mkt cap ! $13.40B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.91 | $55.71M | 18.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 296397 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 5524 | 5 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |