ILU 1.20% $6.58 iluka resources limited

Thanks for your posts x3..I tend to focus on fundamentals but...

  1. 3,289 Posts.
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    Thanks for your posts x3..
    I tend to focus on fundamentals but keep an eye on technicals to fine tune where to buy or sell.

    Fundamentally all looks good for ILU's products (particulary zircon recently) however they do have a habit of disappointing just when you'd least expect it.
    I lightened up at the peak (+$10) recently, and would have done the same again last week except they (and BSE) reported on how well zircon prices were doing, so changed my mind, but am wavering.

    BSE is looking interesting. It has been range bound for years awaiting government approval of their Toliara project (a game changer) and also life extension of their existing Kwale project (pays the dividends). Has recently been surprisingly strong after going ex dividend (4c). Would appreciate your comments.

 
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$6.58
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