When we find out what our dividend will be the shares will jump up quite high quite quickly.
I am expecting the shares to be between $27 and $30 within a few days of what ever the far divvy will be.
It won't matter what the current ore price is it will jump up very high very fast and then after a while it will
drop quite hard which is the dividend cycle and after pay out it shoots back up higher over a few months.
I expect it to get as high as $28 to $30 then drop like a brick to about $23 before the rise up to past $30 by years end.
Iron ore price, page-34459
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