Iron Ore price creeping up, Aud well down past year & indications that China infrastructure build will ramp up post Olympics - a lot of talk about upcoming div's, I'm inclined to think we might be in for many happy returns over the next few years.
China's efforts to source iron elswhere will likely take time to unfold & not be smooth sailing with various potential supply disruptions possible.
Also, Australia appears to know how to be a top low cost producer.
Next dividend?, page-26
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $198.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $198.8K | 729.0K |
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| No. | Vol. | Price($) |
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| 12 | 172202 | 27.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 69803 | 4 |
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| FEX (ASX) Chart |