I sat in the queue the other week and just missed the get out at 49-50c. Fundamentals improved so I stayed but trimming profits where I could. The IO price is not converging, spot has stayed at $62 and Dalian now down to $53-4. A convergence of $58 would be ideal but Dalian continues to fall and $AU/US continues to rise. So I dumped the remainder of my holdings at open.
But there is good news and bad news. Spot will fall but so will the $AU/US. Also very good news no BCI shorts today. Nevertheless I need Dalian to push 446 to confirm positive trend. If IO shows signs of converging and my value price improves I still have plenty of room to buy back in.
I sat in the queue the other week and just missed the get out at...
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $850.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.0¢ | $160.1K | 538.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13497 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 39804 | 6 |
View Market Depth
| Last trade - 15.39pm 18/09/2024 (20 minute delay) ? |
| BCI (ASX) Chart |