IMO the current share price has or is anticipating the IO price...

IMO the current share price has or is anticipating the IO price to come down into the $110-$130 range.

So in a strange way the slide in the share price isn't so bad, when you consider the half yearly reports weren't great with the writedowns and now the doom and gloom commentary around future IO priceing.

The share price nearly broke through the $1.40 today, and looked like it might run.When confidence returns it should hold gains instead of sliding back.

Now hopefully a rail deal will be done, China will continue to report and have solid growth and AGO, with IO price solid,will have great or better results come mid year.