There was a single order of 250,000 done at 32 today. Volume generally has been increasing steadily recently, but even so, I cannot see a single sale of that size anywhere.
I'm expecting a gradual increase in interest as more people come to see that the recent board changes mean a dramatic change in company fortunes.
The company has pretty much dormant until the new directors came along, and they have plans for some action.
BHP came out today with a story about slight weakening in Chinese demand, but RIO countered an hour later with the opposite view. RIO says China will need an EXTRA 100m tons a year for the next seven years.
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