I believe the price action today after reading the ANN was a combination of:
1. 65 job cuts thus reducing costs
2. Sign that China starting to pick up
3. The substitutes to ILU minerals not cutting it
4. Higher $/ton achieved
5. Maintaining IRR
6. US housing market and manufacturing picking up
7. No new bad news
In other words the worst should be behind them and so only up from here!
I believe the price action today after reading the ANN was a...
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Last
$6.16 |
Change
0.130(2.16%) |
Mkt cap ! $2.636B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.16 | $6.02 | $27.27M | 4.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 49279 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.16 | 23578 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ILU (ASX) Chart |