RHK 0.00% 75.0¢ red hawk mining limited

US has more signs to be stabilized. China's recovery makes RBA...

  1. 2,084 Posts.
    US has more signs to be stabilized. China's recovery makes RBA hold its interest rate. BHP and RIO refuse to accept any IO price over-cut with the preparation to get out the benchmark price system. All of these give the market confidence. Where would IO go?

    A lot of our mates put the focus to check FMS IO up and down which is good. However too many time on the details without consider the impact of the market sentiment, the effect that raising water would float all of the boat, could result in short-sight and take the past certainty as the future facts.

    FMS IO could not have 100% Fe and should not have the worst Fe. So a logic question is if the water starts raising and would raise up and up, what FMS IO could reward us.

    I have roughly finished my pondering about IO future, FMS IO future, and the world economy in future. I do believe FMS IO could be unfold its full potential when the market would be happy about the raising of the water at least not too far away from that the water start to raise up.

    Before 2016, will be possible for XAO to be 10,000. If not before 2016 how about 2019? What could push XAO so high? My answer is resource and its booming, which could not be sure in 100% but has more than 65% probability.

    Future needs the imagination based on the understanding of history and future prospective. Let see a table:
    But if we look at 10-year returns for the Dow Jones Industrial Average over the past 100 years, a pattern emerges:

    10-Year Period
    Dow Jones Industrial Average Return

    1998-2008 (9%)
    1988-1998 331%
    1978-1988 165%
    1968-1978 (19%)
    1958-1968 77%
    1948-1958 226%
    1938-1948 14%
    1928-1938 (49%)
    1918-1928 254%
    1908-1918 60%

    XAO 100 years shows the similar pattern but some special spots in a chart format.
    www.asx.com.au/resources/newsletters/investor_upda...
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
75.0¢
Change
0.000(0.00%)
Mkt cap ! $149.8M
Open High Low Value Volume
75.0¢ 76.0¢ 75.0¢ $7.462K 9.894K

Buyers (Bids)

No. Vol. Price($)
2 7035 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
76.0¢ 12268 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.