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0.00% 0.1¢ cyclone metals limited

IO is not creeping up. It is flat and simply fluctuating around...

  1. gamblor69
    143 Posts.
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    17/09/15
    01:34
    Post #: 16006757
    IO is not creeping up. It is flat and simply fluctuating around 50-60USD/t.
    Also BHP has paid 2 dividends (from profits) in that time so it's not 'down' $10. If anything it would be closer to 3/4 of that. That said, the ASX200 has lost a similar percentage from 6 months ago so the loss in BHP share price can't be isolated to the performance of the IO industry. Further, the company still makes a profit at these IO prices regardless of its share price.
    CFE Price at posting: 1.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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