RIO 0.02% $120.64 rio tinto limited

I hear you. I took a large trance in a margin lend at $38....

  1. 791 Posts.
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    I hear you. I took a large trance in a margin lend at $38. interspecies transfer into my SMSF around $72 mark. Rode it to $120, took profits for a large ABR tranche. Though on the back of volatile of iron ore markets, likely down turn with China situation of realestate implosion, I've 100% liquidated today. Still a great company, but it can only pay dividends on the volumes of ore it sells. External geo-politics & stock markets in the ore world are the drivers of investment, growth or for that matter contraction
 
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