“From a disclosure and shareholder perspective however, they...

“From a disclosure and shareholder perspective however, they destroyed the share price momentum and took everybody by surprise because expectations weren't tempered around guidance that they knew well before presenting would be disappointing. It just smacks of a junior's management style”


I don’t subscribe to this view ... any investor would of known IO prices had dropped, it was clearly articulated shipping had gone up, anyone with a car knows fuel is rising, the WA labour shortage and cost pressures are on every mining announcement.

The expectation was created by most themselves encouraged on HC by others who clearly don’t know enough about the industry their invested in ... that was clear to me when people were not understanding provisional pricing in a falling market.

When investing it pays to be informed and not get caught up in the drum beating.