Pricing of IO stocks is as much about spot price as it is about forex.
Makes perfect sense. If spot price increases the share price wont unless the forex is in our favour too.
Just because io spot increases does not mean the stock price will unless the forex also reflects in miners favour.
AGO Price at posting:
15.0¢ Sentiment: None Disclosure: Unspecified
BHP Price at posting:
$29.36 Sentiment: None Disclosure: Unspecified
FMG Price at posting:
$2.57 Sentiment: None Disclosure: Unspecified
GRR Price at posting:
10.0¢ Sentiment: None Disclosure: Unspecified
MGX Price at posting:
19.5¢ Sentiment: None Disclosure: Unspecified
RIO Price at posting:
$57.13 Sentiment: None Disclosure: Unspecified
AJM Price at posting:
7.0¢ Sentiment: None Disclosure: Unspecified
BCI Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
