iron ore price, page-5

hardmano
If they do a rail deal it is unlikely they will have
signed up to JV at the time, however my guess is it will
probably be positive. But if the IO price continues
to slide the rail deal is not going to give AGO an
overnight re rating. You will have plenty of time to get in.
Best case scenario a 15% swing on the day.
You get that from time to time anyway.

By selling out your in more danger of missing out on a
take over offer, but that is unlikely.

The biggest problem with selling out is you can potentially
miss out on the climb back up. The SP moves so fast sometimes like last time the big movements were just two days in a row.

I am posting those figures so people can see what's going on and hopefully they will stop posting conspiracies. lol
Remember it works both ways, it will become very bullish
watching the IO price recover!