Has the SP settled? Will there still be puff left over from the improved pellet price to lift SP to around 30 cents? Will the (I will put my head on the block and say say misplaced) rumour/hope of an increased dividend inspire investors to pay a premium? Will the announcement of a "normal" 1 cent dividend push the SP down again?
How's everyone's crystal ball going? I'm not concentrating on the SP and I like the information posters are submitting on ship arrivals and news on Vale and the IO pellet prices. Please keep those coming. Really good quality posts. Got my small pile of shares at 20-21 cents and am looking at getting more. If the SP drifts lower then that is definitely OK but I feel anything around or below the current price level still represents a bargain.
No kiddies so I can afford to let the SP find its right level
When the boat comes in???, page-176
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