frs continues on from last week. offer is $1.30 and keeps heading back up $1.15. expect will settle there but some anxious buyers today again.
bhp pulled their potash bid so sold some frs but offer looks the real deal.
rest of market? g20 and china knocked a hole in rally plans which I suspect is what China and US both wanted. will see if momentum builds up again. Swannie did his bit by talking up mining tax again. why?
what is wrong with these people. dont they like Australians?
Tweets happy birthday. Aksier great open.
Webral nice comment in preopen about China interest rates and market now green. some very switched on traders here
"commentary on sky business this morning
China interest rate rise didn't happen as expected
igmarkets was -27 for Australia
currently -7
"
meo mog oxx fms pen nwe ord all green and all with potential to run. sea th. sbm green again. so many.
waiting on pek to stop falling. was hoping for some real capitulation but market muddling along.
I still like kzl as next roughie from my stable of core holdings to run. price action supports it. just need a pullback and then off we go.
add to the list one of Mr KR's MZI. buyers back today.
reits cer possibly in play today but dyor on these.
good luck all
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