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3.33% 6.2¢ iron road limited

ABC's 'The Business' tonight had a segment on iron ore and...

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  1. hindmost
    1,485 Posts.
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    02/04/18
    23:07
    Post #: 32171926
    ABC's 'The Business' tonight had a segment on iron ore and Donald Trump's tariffs, spelling out why low-grade and high-cost iron ore producers were in trouble. Final sentence was: High-quality iron ore producers are in the box seat. If my memory is correct (?), IRD will be a high-grade producer, expecting a price premium for >62%(??) ore. So they should be in the box seat. A +ve announcement from the company would be nice .......
    IRD Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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