FMG RIO BHP ARI

Pressure is on the Chinese

  1. T1243
    496 Posts.
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    03/12/14
    07:43
    Post #: 14397499
    Chart below shows why BHP & RIO are content for the IO price to hover around $70 for awhile. It is the high cost Chinese IO they want out of the market. With the AUD holding down in the mid 80's, it is all looking under control. ARI and FMG not going out the back door any time soon.
    BHP Price at posting: $30.40 Sentiment: Hold Disclosure: Held
    FMG Price at posting: $2.57 Sentiment: Hold Disclosure: Held
    RIO Price at posting: $57.93 Sentiment: Hold Disclosure: Held
    ARI Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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