ORE 5.11% $6.13 orocobre limited

Ann: Trading Halt, page-35

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  1. 8,734 Posts.
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    I don't think initially it will be seen as neutral at all, it's a tax impost which may or may not be off set to a major extent by exchange conditions, however the market will respond to a tax, perhaps similar to the German move ? I expect ORE to put together an upbeat net assessment and markets to generally forget it over the coming weeks. Should we see an overshoot it could provide for good buying.

    Cheers
    Phil.
 
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