@ greedy44444: Copper price going up is not good for Tawin. Copper is the raw material for production of enameled copper wires and will rise the cost of production and reduce profit margin. You can study the prospectus of Tawin right issue and this was stated there.
Tawin has the technology to turn the used copper become a new one and resold to market especially China, the main consumer of copper products. So the higher copper price will definitely help Tawin to achieve greater revenue and profit. Am I correct ?
Buy the mother share better, the son got many sellers waiting to dispose at 2.5 cents. Warrant still got two more years to go but the sellers seem in a hurry to sell all his warrants.
Today buyers stronger than sellers, there seems the same seller unloading Tawin and its warrants, once this guy finished selling then the sky is the limit for Tawin.
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CEDgain
309 posts
Posted by CEDgain > 2020-07-06 13:26 | Report Abuse
Anzo up is because of glove industry. Tawin still very weak, the boss don't want Goreng