Back when the price first tumbled from 12c to 3.5ish the below article was posted, one of the pieces I find particularly interesting is the statement about just how leveraged they are to the IO price, at the time the commentator stated that each dollar added to the IO price should equate to 1c on the sp, at the time the IO price was $US50/t and the SP 3.8c.
http://www.abc.net.au/news/2015-07-...-trade-resumes-after-april-suspension/6650232
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