ILU 1.37% $6.66 iluka resources limited

Still disappointed I am, valinvestor :(Other companies reported...

  1. 144 Posts.
    Still disappointed I am, valinvestor :(

    Other companies reported lousy profit results and dividend cuts but because they have optimistic outlook are rated up 10%
    Surely, why put more faith in their outlook when their balance sheets are not strong and their free cash flow generation even poorer than ILU. Short sighted investors aren't they?

    ILU was stating the obvious - markets are volatile and world growth is bleak. As if the public doesn't know. At least they are able to control supply to meet lower demand so that can influence price somewhat.

    What's the next ILU resistance point on technical analysis? And is next support at 16.50?
 
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