Today was the last day to buy cum (with)divi. Ex dividend means without dividend on the date specified. The mkt or anybody didnt seem interested in buying for the div, i guess because of the Tiwai decision by the end of march unless they extend maybe.
Last edited by Joshuatree; 27-03-2020 at 11:12 PM.
$250m+ in remediation costs, and also Rio have to get Sumitomo on board - they own 20%.
Rio might take the view that the costs and timing of same are quite different than many might imagine. In any event we have seen massive shut down's of vehicle production from many manufacturers and demand for aluminium must be very weak.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Rio might take the view that the costs and timing of same are quite different than many might imagine. In any event we have seen massive shut down's of vehicle production from many manufacturers and demand for aluminium must be very weak.
Going to be a big hit to the EV community too when there is no more money for subsidies and other such nonsense. People will now also not have the money to buy virtue signalling modes of transport.
Going to be a big hit to the EV community too when there is no more money for subsidies and other such nonsense. People will now also not have the money to buy virtue signalling modes of transport.
Maybe not.I suspect more people die from air pollution in cities than corvid-19 will.
Also we do not buy EV because its a virtue signal but because we perceive virtues such as acceleration,quietness,no fumes,less costs to run etc
Maybe not.I suspect more people die from air pollution in cities than corvid-19 will.
Also we do not buy EV because its a virtue signal but because we perceive virtues such as acceleration,quietness,no fumes,less costs to run etc
There are many that do not buy for a virtue signal, but a lot of the Tesla buyers are exactly that. Its a look at me kinda thing. Time will tell. EV sales were already plateauing before Covid-19 so this will put the brakes on even more. I do see decreased demand for electricity in the next few years. Interesting times for the Power shares.
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