ILU 1.18% $5.88 iluka resources limited

time to get set ?, page-16

  1. 4,489 Posts.
    lightbulb Created with Sketch. 589
    Great stuff. My only concern short-term is that the gap left could well be filled. Every other gap has been and this is a big step up. Having said that the news is so good and the impact on the bottom line so sweet that the gap may not be filled for some time if ever.

    My call is that there will be serious attention drawn to ILU today and we will see price ranges back into the $17.20 range as the news settles in and the inevitable profit taking subsides.

    Personally I am trading on these assumptions.
 
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