MGT 8.77% 26.0¢ magnetite mines limited.

well I'm sitting waiting for a dip back to 2.3, hope the big...

  1. 884 Posts.
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    well I'm sitting waiting for a dip back to 2.3, hope the big boys will gift me some. But if that doesn't happen I'm not too fussed as I already have a sizable holding. Enough to sit back.

    also noting iron ore price holding around 174 usd. I'm looking for this to test 190 usd in the next 2mths. I have a feeling it might do that.

    almost thought of buying more at 2.8 but thought nah... Wait and see.

    so if it goes up, I'm happy. And if it tests the low 2's it will be a compelling case to top up some more.

    changing my sentiment to hold from none. As that probably more accurately fits where I see things. Somewhat conservative. Also looked at options but thought nah... Expiry date is too close


    Last edited by pavlovas: 06/03/21
 
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