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Ann: NBR Iron Project Update, page-778

  1. 1,316 Posts.
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    Mate.

    1.8c is not a fair price
    1.0c is not a fair price
    2.0c is not a fair price

    this is a spec. The price is divorced from reality. The daily swings are based on such irrelevant volume looking at that is very much misguided.

    Unless your trading and using software indicators to track super short term moves. Good luck with that. I could pump this to 2.5c with 100kaud ... u think thats a buy signal?

    1.8 is as fair as 1.7 is as fair as 2.5

    until volume drives the price one way or the other means nothing.

 
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