We are overdue some good news! The ASX is all about iron ore again, growth stocks not in favour at the moment with the huge rotation into materials.
If you go back 12 months are read what the media had to say about Iron ore/FMG/BHP, you would have thought they were bust and worthless by now. The time to buy materials was when the media was as its most negative.
The future is impossible to predict, but the fundamentals of BAL's business are strong, so i'm optimistic better times will come.