gr' light for iron ore project up there cazaly, page-12

Gondwana Resources currently at 3.40c,is ending a two-day streak of rises. The price is at a premium of 5.3% to the 1-month volume weighted average price of 3.0c.

Given that this premium has exceeded 5.3% forty-five times and been under 5.3% twenty times in the last year, the upside:downside probability is estimated at 45:20 or 2.2:1.

Compared with the All Ordinaries index, which fell 32.1 points (or 0.6%) on the day, this was a relative price change of 0.6%.