Agree with the above, but is this not why the market put a discount on Grange? Put it bluntly, if we were in Shagang's position we would do the same. Grange management is in their pocket, if we like it or not. Still believe Grange is my LT holding, but admittedly sometimes with grinding teeth.
Shagang Offtake, page-5
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| No. | Vol. | Price($) |
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| 18 | 216134 | 28.5¢ |
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