What you need to watch is IO price.
Once it shows stabilisation and China is back in growth mode then onwards and upwards.
Sadly the shorts got this one right, attack the weakest in the pack. By weakest, I mean the highest cost producer.
Next support is around 0.73, not saying it will go there, but if IO continues to drop then its quite possible.
- Forums
- ASX - By Stock
- AGO
- where is the bottom?
where is the bottom?, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)