Hi alex,
i won't be selling. We will be ok.
check out convexity's post on fmg this morning . . . he explains why it will only have a moderate effect on monday's opening. Convexity has a very good record of predicting asx open each day.
Also of interest are other posts on fmg stating shortfall of deliveries IO to china from both australia and brazil due to weather events.
Iron ore pricd, page-92
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