"I stand by the statement that the market is pricing in considerable doubt that the $17m will arrive on time."
How can you boldly claim this? None of us know what the market is ACTUALLY pricing in here! It might be what you have suggested, but it could just as easily be:
- market is pricing in significant softening in iron ore prices
- market does not see value in anything other than DSO
- market thinks Tony is a goose.
- market blindly follows some voodoo chart that says it's not the right time to buy yet.
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