I am waiting to see when the iron ore price stabilises, at which time I will most probably average down if the sp stays around this level.
On another thread Sam has noted that the cost of sea freight is as important as the io price however by 2024 one would think this will all change,
I feel for those who got in with the prospectus price of 35c. If they are still holding, their investment would look worse than an unvaccinated person with co-void. Down 60%
Considering the amount of shares on offer, the amount being traded is minimal.
This is not a large holding of mine so my sentiment is still NONE
I just hope that todays sell off is not a leaky ship and bad news tomorrow,
GEN Price at posting:
14.0¢ Sentiment: None Disclosure: Held
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