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9,508 Posts.
661
30/09/09
11:44
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hi guys,
the weak share price has no influence on the deal with the chinese,
I remember the same with GBG when the Chinese took a placement and the share price collapsed afterwards.
Nothing happened it took a while and the shareprice went eventually hihger then the placement.
Its all about sentiment and if there is a big seller who wants to dump his shares, something that we seem to have a problem with atm.
I think given time we should be just fine as long as there is not someone who comes and takes away our iron ore.....
jojo
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