tomstrays, I heard this morning on the news that overnight steel stocks performed rather well all things considered also. When the rebuild in Japan begins, which it will, demand for raw materials is going to be quite huge. What we saw yesterday was panic selling hitting the whole market. See LEG, AKI, WGO, EQX, and the list goes on, West African speculative resource companies got hammered, and so too did Australian based companies. There's only 10 or so working days remaining before 31st March, meaning we should see some important announcements very soon.
- Forums
- ASX - By Stock
- slowly but surely it's turning around
tomstrays, I heard this morning on the news that overnight steel...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)