There has been a decent bounce in the IO price; it remains to be seen if it is sustained. Once we clear July 3 with the appeal hearing, I would hope that we start back up again. A bit of deja vu, last year I bought a substantial amount of my holding around this time. Here is an article from Macrobusiness, they usually have good articles on the IO price, though they tend to be bearish. Unfortunately they are going behind a paywall soon.
http://www.macrobusiness.com.au/2014/06/daily-iron-ore-price-update-restock-5/
Ann: Riley DSO Project Update, page-48
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.38M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $2.356K | 182.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3833775 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2180979 | 9 |
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| Last trade - 14.37pm 05/09/2024 (20 minute delay) ? |
| VMS (ASX) Chart |