TYX 12.5% 0.7¢ tyranna resources limited

Ann: Request for Extension of Voluntary Suspension, page-15

  1. 206 Posts.
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    May I just also point out that the company did have an iron ore project. The price of iron ore went through the roof because of Chinese demand as they built up a stockpile. Then the price crashed as China stopped buying as they worked through their stockpile. TYX chose that moment to sell when everyone who understood pricing could see that the price would rebound once China started to buy again. TYX has a genius yes a genius for losing money. And yes I'm a bitter ex holder.
 
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