If one believes in iron ore going fwd, or even for those starting to think things aren't rosy in the short-medium term...
What about considering a switch from BCI into BHP? Currently it's about 80BCI shares for 1 BHP, you get exposed to one of the lowest cost iron ore powers, plus a diversified miner rather than a one-trick pony.
Crazy? BHP has been beaten down lower than even the GFC took her, sure selling BCI so low would hurt but what price will she be in six months?
Not attempting to cross-promote, just putting this out there as a slightly less painful exit strategy?
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3 | 112416 | 0.240 |
7 | 164654 | 0.235 |
19 | 299608 | 0.230 |
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Price($) | Vol. | No. |
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0.255 | 142942 | 2 |
0.260 | 19663 | 2 |
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