[Featured Stock] Korea Zinc's Stock Price Plummets↓... Closes Below 700,000 Won at 688,000 Won
The stock price of Korea Zinc, which is undergoing a management rights dispute, plummeted.
On the 30th, Korea Zinc closed the market at 688,000 won, down 23,000 won (3.23%) from the previous trading day on the KOSPI market.
Although the deadline for the tender offer that will decide the outcome of the Korea Zinc management rights dispute is approaching, the stock price weakened as Chairman Choi Yoon-beom's side did not present any clear measures.
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Chairman Choi's side is reportedly preparing a counterattack through the purchase of treasury shares, but with the Financial Supervisory Service issuing a warning message regarding tender offers by listed companies, it is analyzed that even this will not be easy.
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