First thing first. Beware of the BOTs issuing $20 5-min interval trades to push down the SP. It's been doing that all day to keep the SP at $0.335
A few got sucked in and sold into the ambush. There were many large deals done at $0.345 which is a positive sign.
This news is very promising, the final EPA approval is still pending.
I am pretty certain Shagang will bankroll the Southdown project. Part of the game plan or precursor was for Shgang to increase it's stake.
Otherwise why spend $150M just to dredge the port if Southdown is not a done deal from a financing perspective.
There is also news in China saying Baosteel and Shagang are doing some kind of tie-up or alliance.
First thing first. Beware of the BOTs issuing $20 5-min interval...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.8¢ | 23.0¢ | $388.3K | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 650756 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 105687 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |