I am cautiously optimistic about the near term prospects for IOF after some interesting buying in the afternoon.
It convinced me to take another parcel on the close.
MOF has had a good rebound which might be due to 'invisible short' covering, but IOF has yet to make a move.
But opening up a sleepy eye in the afternoon was a start, if more interest is shown in this tomorrow, it will be time for a rally IMO.
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