Share markets go up, Share markets go down, Share markets go up again.
If you are not willing to own a stock for 10 years, do not even think about owning it, for 10 minutes.
Share markets, are simply efficient vehicles for transferring wealth, from those with no patience, to those who possess plenty of it.
Even when the POSCO money 'actually' physically lands in GXY's bank account, what happens then..? Answer..? Nothing much..! At least for another couple of years, apart from building the required SDV ponds and infrastructure etc, etc. 2020 through 2025 is when I anticipate all of the 'real' SP action will be happening
I'm a bit like Subs, I'm getting tired of repeatedly telling folks to be ..PATIENT. Remember Rome folks..? It wasn't built in a day either.
Now I think I'll just go back to sleep again, and occasionally flicker one eye open to see just how far the SP's fallen, so that I can snap up yet some more, increasingly cheaper GXY bargains, again. God bless those shorters evil little black hearts.