grumpy people unhappy with prudent fund management + solid performer with no chance of rockets + slight sprinkle of racism = undervalued gem of a company with Scrooge McDuck levels of cash and a decent prospect for ongoing profitability.
The run down from the previous spike at 95c back to under 50c followed the iron ore futures price down, but it was exacerbated by dummy spits from SMSF grey foxes wanting better earnings and being worried about getting capital out of the business. we should run up past $1 after this, as long as iron ore prices hold up.
it won't stay under the radar long as people.look for more defensove investments in a volatile market.
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