But that correlation is invalid because as bookarelli pointed out, the drop in share price has been 40% or so whilst the drop in iron ore has been barely 5%.
What negates you from subscribing to the very likely notion that insider information incited the falling SP and a now somewhat established distrust in this chairman as a result of their decision vis-à-vis dividends has then further hampered any recovery in the SP?
Me personally, I can only speculate but I think that decision has triggered a pretty substantial setback for the stock that may now require a substantial timeframe to recover from, even if iron ore climbs back to $120 USD or above.
Price of Iron Ore, page-1765
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