Coming for a slightly different angle. OZL have bought three Co. & mines form me AVB, CZI and now Kalkaroo in HAV. Stocked up a big chest of future growth opportunities opportunistically. Now BHP is doing the same to them. Karma is a bitch.
As to whether they do it to me at RXM as well. I say the bigger skill, is reading the capital cycle in mining correctly. Better than the fund managers, who are cowering from resources, anticipating stagflation. Part of it is their lack of experience, which should run to 30 to 40 yrs but it only tends to runs to 15 to 20 and which, like banks is all about risk mitigation and VAR - Value at Risk.
BTW: In BHP (& RIO) saying Cu would stay strong in 2011, 2 to 3 years after 2008, they were wrong and lost their shirts. In the process helped me lose a fair part of of mine. I think they (and I) learned their lesson. [A good thrashing along with which tends to help one get and retain the message.'] That's not modern education theory but was Kerry Packer's (and Sir Frank, his dad's) method.
All IMVHO.
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.8M |
Open | High | Low | Value | Volume |
44.0¢ | 44.5¢ | 44.0¢ | $713.0K | 1.620M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 4317169 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 4119680 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 4304139 | 0.440 |
43 | 7298580 | 0.435 |
31 | 1436058 | 0.430 |
18 | 1082536 | 0.425 |
11 | 577838 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 4119680 | 31 |
0.450 | 3133975 | 48 |
0.455 | 1053951 | 16 |
0.460 | 669801 | 16 |
0.465 | 1122945 | 9 |
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