Expect to see more indirect related economic issues out of Greece/Spain. The next target down is 3.28.
In hindsight I am not sure the reasons for Twiggy's strategic accumulations. He already has a massive blocking stake and spending a few hundred million is not going to increase his voice in the boardroom if Teck is speculated to take a position ultimately to find a seat. This margin loan only increase the Jim Chanos et al to continue to increase shorting pressure. Remember Alco, BNB and the likes with the ceos' having big margin stakes which ultimately destroyed them. Not making a comparison but you see where I am coming from.
Expect to see more indirect related economic issues out of...
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |