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Ann: Admission to Trading on the London Stock Exchange, page-44

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  1. 1,407 Posts.
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    Market is spooked by worsening China manufacturing data. Copper fell hard today on firm volume. Next support is 18 September low of 5855.

    Crumbling equity markets, tariff uncertainties, China slowdown & deadlock in Washington are all coalescing to create an extremely bad macro enviro for copper.

    Its literally the worst possible time to be facing a cap raise. Dilution at these prices could lock in our losses (we’re at a 52w low so I assume pretty much everyone here is deep in the red?)

    Anyone speak to mgmt recently? @JID I’ve heard people on HC refering to some sort of ‘strategic’ placement. Not sure what this means exactly but it sounds dilutive
 
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