If they buy an iron ore mine at the top of the cycle they will be bankrupt in less than 12 months imo.
I'm still holding BSL which has hurt lately but the only thing that would make me sell is a silly move like that.
When everybody is screaming it's the end of the road for the miners then by all means stock up on them.
iron ore mine, page-7
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Last
$21.09 |
Change
-0.850(3.87%) |
Mkt cap ! $9.281B | |||
| Open | High | Low | Value | Volume |
| $21.08 | $21.19 | $20.84 | $52.77M | 2.509M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $21.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.09 | 15028 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BSL (ASX) Chart |