with fe at almost A$140 a tonne the bears are truly still on top
the stock still sits at 3.45 and on up days its tough work and down days its like going down a slide..just too easy
the bears have spread a huge amount of fear re fe and china and it has worked some of it may be justified some of it prob not
i do the simple math on earnings in nxt 12 months at spot and get over $1 per share eps yet we trade on a p/e of <3.5 times...for a stock that is growing earnings in double digits that is seriously pessimistic
the problem is analysts have fe in at 80/90/100 and aussie higher too...we are at the mercy of large hedge funds, black boxes and anything else given the almost $1bln bet on the stock in shorts at the moment
given the cash flow they are generating i would love to see a sale of 50% tpi and a nice healthy dividend to reward long suffering shareholders at the result (a cut in int rates in china would also help)
really am just about over the stock market!!!
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$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B |
Open | High | Low | Value | Volume |
$21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93 | $21.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.41 | 12657 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93 | 21.400 |
2 | 3150 | 21.350 |
1 | 200 | 21.330 |
2 | 1046 | 21.320 |
1 | 1000 | 21.310 |
Price($) | Vol. | No. |
---|---|---|
21.420 | 1200 | 1 |
21.450 | 1500 | 1 |
21.510 | 2020 | 1 |
21.520 | 951 | 1 |
21.530 | 1500 | 1 |
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