I haven't been able to work out whether TPI is affected by the iron ore price fall.
Mcleese , MCS ,for example is hauling iron ore for Atlas Iron, which isn't particularly high grade, and there has been mooted breakeven costs for Atlas of $82.00 a tonne.
So one can easily understand why Mcleese SP is falling.
But TPI,--- maybe someone can fill me in on exposure to companies in trouble or otherwise.
TPI Price at posting:
81.0¢ Sentiment: Hold Disclosure: Held