Hi Rythex. I hope you are right that iron ore is in an uptrend i have a lot of money in mining shares (just not Grange I sold out and am waiting to buy back in).
But history says that the price will cycle and i am prepared to bet you that in the next 10 years the price goes below UDD50 and above USD200. Thats why i am cautious i love the upswing but i am always cautious about the downturn. Thats why i am a long term Grange investor (albeit out right now waiting to buy back in). I like their board. The board understands the company and prepares its balance sheet for the downturn but also during the last big upturn was prepared to release big dividends. I love that.
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Hi Rythex. I hope you are right that iron ore is in an uptrend i...
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41.5¢ |
Change
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Mkt cap ! $480.2M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 40.3¢ | $281.6K | 691.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 39024 | 41.0¢ |
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Price($) | Vol. | No. |
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1 | 38324 | 0.410 |
2 | 60000 | 0.405 |
33 | 690666 | 0.400 |
13 | 314839 | 0.395 |
25 | 487141 | 0.390 |
Price($) | Vol. | No. |
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0.415 | 49997 | 1 |
0.420 | 119701 | 4 |
0.425 | 169678 | 5 |
0.430 | 316134 | 9 |
0.435 | 50633 | 3 |
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Change
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