AKO 10.7% 15.5¢ akora resources limited

jerry heres a genuine question for you on global iron ore...

  1. 156 Posts.
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    jerry heres a genuine question for you on global iron ore prices. Please if you could give me more than a 3 word answer that would be awesome.

    wouldnt you think that Akora stands to actually benefit from a falling iron ore price as our DSO expected bottom line would have to be among the most competitive on the market. If mines are significantly going into shutdown than the spotlight will fall on companies like ako even more that can still turn big profits during down periods.
    i doubled my holding last week
 
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