IOH iron ore holdings limited

Either someone is blocking the SP trying to mop up stock around...

  1. 7,345 Posts.
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    Either someone is blocking the SP trying to mop up stock around 79c-80c or someone is propping up the price to keep it selling around that price.

    I'm not sure which, but I was chasing a modest parcel today - didn't want to just jump in at 81c and I had a hell of a time getting the stock. I had to move my order around several times in the end.

    Depth looks terrible, hard to explain why this stock isn't dropping like a stone something is going on...
 
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