If you look at graphs of iron ore price or thermal coal charts over time there is a VERY STRONG correlation with the strength of the A$ .
Anyone who talks about strength or weakness of the A$ and doesn't mention China either doesn't understand much or deliberately gives an unbalanced view to suit their own purpose . But if you think RMS is poor value , good , don't buy it and we'll all be happy but we here aren't stupid and don't need to be saved from ourselves .
Anything there needs moderating ??
RMS Price at posting:
$1.74 Sentiment: Buy Disclosure: Held
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