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4.5¢ atlas iron limited

Iron ore price, page-68

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J89

1,365 Posts.

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16/02/17

07:08

Post #: 22652810
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Originally posted by J89 ↑

13/02/17 sees Iron ore close at $92.23 and a hell of a rally with the SP not to mention the massive notable line wipes through out the day but more importantly the influx of buyers at close/auction.

14/02/17 tomorrow will be a great test for iron ore and AGO (including its options). Will iron ore continue to run or will we some retraction? How will AGO react after todays iron ore close? Many are yet to find out about AGO, but after todays fabulous run, surely new comers will be lining up tomorrow morning for a share of the pie.

Moreover, a few more days like today, will raise question marks with the ASX and hopefully they issue a speeding ticket. We all know why the SP is reacting so positively without any announcements, but ASX will not take this into account and I can foresee a speeding ticket. Why is this good you ask? This will give management a chance to reiterate the the successful few months we've had and how well the iron ore spot price is moving in our favour. Best of luck to all holders and will update you guys tomorrow on the iron ore spot price action.

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Steady close at $91.
Held its own real well.

AGO Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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