"Have you failed to notice that iron ore has halved in price?"
Yes I have noticed that. It's as I expected, that's why I quit resource stocks some time ago.
Unfortunately I didn't foresee the oil price collapse. That caught me completely unawares so I have taken a walloping over the last little while being a holder of Origin Energy who are building LNG trains at the moment.
Labor didn't predict the Iron ore price, as that is the job of Treasury, whose figures Governments are required to work with when framing their budgets.
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