Matt, I like the banks, I think they will go up a fair deal over the next year
Took a $30k loss on MMX, not happy, but I'm not happy with the BFS either. I suppose it all depends on what you think the price of iron ore will do over the coming years... The Sinosteel position also is very annoying. Mitsubishi and Sinosteel are both big enough to take losses and move on. Unfortunately MMX isn't.
MMX up 4c in last 30min, that would be right, might have been better for me to wait til after lunch!
MMX Price at posting:
73.0¢ Sentiment: Sell Disclosure: Not Held