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clock Created with Sketch. 12/12/16
15:53
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Originally posted by gusman83
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It would be unwise to buy back shares at this time. Yes, they have a crap load of shares but the iron ore price on recently has spiked to a level where they are profitable (only been a few months). Plus there are still concerns the iron ore price may tank again next year.
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If the options ever materialise they could use some of those funds to fund a share buy back ? ;-)
