I liken it to trying to kill bacteria with antibiotics, you may kill some , but what you eventually end up with is a super bug. The Juniors/Mid Tiers will struggle to survive, but they will become more efficient at it. Eventually some of them will find a way to beat this, even join forces. BHP/RIO/VALE shareholders will suffer as well as their Share Price dwindles along with the Iron Ore price.
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32.0¢ |
Change
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Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $421.9K | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 204993 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 8744 | 1 |
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