I have been following the Dalian iron futures market since April in connection with trading that I have done with BHP. As mentioned in a previous post the most active io futures contract on DCE got a smacking last Thursday. Today has seen another shalacking. I even had to extend the vertical scale on my graph downwards to accommodate the move. The value of these contracts has now fallen to its lowest level since the iron ore contract was launched on DCE on the 13 Oct 2013. Based on
This post and others that I may post in the future are directed at shareholder and potential investors in SDL that may be interested in facts that may or may not affect the company's future prospects and its share value. I am not interested in arguing with the so called "true believers", so please don't bother replying or trying to bait me.
SilentO
SDL Price at posting:
8.2¢ Sentiment: None Disclosure: Not Held