both ok,
but would wait for IPL to bottom,
MAK, continues to show support at 80-90c.
Again rejected lower entry today at 77c, finished green.
Also, for IPL i suspect as well as the broader market weakness, some of the ipl losses are attributable to sentiment of the explosives division, which would be sentiment to slow down demand if miners slow, and new devleopers are hindered.
What will unfold, dont know, would be good if some one more familiar with IPL could post the split on earnigns from the fertiliser side to the explosives, to see, if we are indeed oversold.
Last note, IPL has better LVR if you borrowing to buy.
Or if you're buying, and want to stick into your margin portolio for more collareral later.
cheers
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