I have been saying something is not right since it was 56c and falling. Even after its great half yearly result it was still been sold down. I am fortunate to have started selling when I did at 54c.
Maybe if the sell down continue add those positions at 40c.
But either way something is up. And some large funds are just getting out. Whether that is out of iron ore all together remains to be seen.
March quarter predictions, page-64
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