Called it well a couple of weeks ago on the 7.70 thread.
"I'm anticipating a slight "covering rally" shortly as per iluka share price tradition. It will go up 70-80c in a day. Just my guess.
MSR was actually higher for march qtr then dec qtr last yr when they released the edit. Another qtr improvement or a pricing announcement thats positive will put some traction under it and hopefully start to produce a covering bottleneck"
Is this just covering or is something bigger going on here? we will wait and see!
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