lots of bids and willingness to buy under 20 cents. Is it to allow someone to dump options, is good news on the way or are the options going to be underwritten by a broker who wants to drive the price up to force more options conversion. I believe it may be the later.
bau's bauxite will be even more over the next few years as chinese smelters try and reduce their operating costs as much as possible. margins are so tiny these days. They know energy is not going to be cheap for too long, Opec will make sure of that.
something is up
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