Buying a mine.... why not just shoot themselves, the staff and the shareholders first as it would hurt less.
Three things will make this recover:
1. Commodity price falls - probability 90% - degree of fall 40%
2. A$ correction - probability 60% - degree of fall 30%
3. Gillard government removal/backtrack on tax - probability 190% - degree of fall in tax 100%
Any of the above would lead to a shorters rally and strong gains. The percentages I have added are just gutt feel but you get the idea.
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$23.74

iron ore mine, page-8
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Last
$23.74 |
Change
-0.390(1.62%) |
Mkt cap ! $10.41B |
Open | High | Low | Value | Volume |
$23.81 | $23.97 | $23.67 | $30.22M | 1.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $23.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$23.75 | 120 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 23.710 |
1 | 2000 | 23.650 |
2 | 961 | 23.630 |
1 | 5479 | 23.610 |
2 | 1850 | 23.600 |
Price($) | Vol. | No. |
---|---|---|
23.780 | 961 | 2 |
23.790 | 5696 | 1 |
23.810 | 1797 | 1 |
23.830 | 1819 | 1 |
23.840 | 1111 | 1 |
Last trade - 16.12pm 16/07/2025 (20 minute delay) ? |
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LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
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