@ALLKAResearch it looks like $BAK may be trading feedstock rather than processing it. If so, we’ll see how idle plant capacity compares vs trading incomes on Q2
@calvinfroedge Brazilian law requires offer to minorities at least 80% of the control transaction price, but there was no cash deal here.
IG4 acquired Novonor’s bank debt (collateralized by Braskem shares) at an undisclosed price. Nobody knows that number.
@ALLKAResearch The work you're doing by closely following the industry is invaluable. I sincerely hope the market recognizes $BAK's value so that you can be properly compensated for all the time and effort you're investing
@SeydinaOfficial Los acompaña Busquets que fue uno de los precursores de la figura de portero-jugador ademas de padre del mejor 5 según Juan Roman Riquelme, que algo debe saber de futbol
@calvinfroedge The EWZ that also includes $BBD, $NU, consumer stocks, and others in its basket has lost more than 11% in a month. I'm not sure if it's because of the Brazilian real...
@OriginalVoria Hopefully! Short interest just crossed 10% of float (>4 days to cover) Ingredients are there, though float control in $IMPP feels tighter ...