well buy a 1 million and get 7m free sounds like a good deal..
seriously do any of you consider the actual macro story is what is holding back the share price.
Iron ore projects are on the nose good bad and ugly ones,once you get past those odds then you have all the other issues that come with development phase and thats high capex.
if you look at most iron ore stocks all have been weak post the china compensation to iron ore miners and so has the spot price which ultimatley decides the direction
http://www.bloomberg.com/news/2012-11-21/china-iron-ore-tax-cut-seen-by-macquarie-leading-to-lower-prices.html
- Forums
- ASX - By Stock
- EIO
- keeping the price down
keeping the price down, page-30
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online