Who will be the first to benefit when ore turns, page-74

  1. 695 Posts.
    lightbulb Created with Sketch. 4
    I don't know of any non holder that complains about the drop in the SP. I always believed these big iron ore companies are overvalued in never invested as a result! Yes what RIO is doing is unheard of but it is almost time to consider your initial point of entry! For me I will wait another 4-6 months and buy on the cheap. Currently the SP is way too high as the iron price war is not done yet! I don't want to be caught out in buying high and selling low! So the waiting game is still on!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.