Its one of my good ones, its on a dip, from your 10:24 news, it pays a 5% annual div, and div date coming up on 3/18/21. Supposedly they want to merger with GFI and AU, but will it happen?
AU and GFI have been dropping since August, Stillwater Platinum has been climbing fine without them for a long time. That merger doesn’t make sense to me, unless its a South Africa welfare type thing, and blending will bring the AU and GFI higher and SBSW lower.
Globalization, socialism, affirmative action, of miners? Decades ago when Banks were have trouble there were “shotgun weddings” of banks. Like two drunks leaning against each other to walk down the street.
The only other reason for mentioning their cockamainy idea would be to tap the price dopwn for insiders to buy some on a dip.