IOH 0.00% 70.0¢ iron ore holdings limited

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  1. 1,545 Posts.
    lightbulb Created with Sketch. 60
    Try brian, riverdry..... :)

    My guess is the sp is coming off due to general sentiment towards mining and resources at the moment. Look at the news -

    * China growth reducing (still pretty handy at 6%...)
    * BHP today saying io demand from China to 'flatten'
    * Mining tax may be an issue

    Even the big boys are down.

    Maybe a buying op in the next few weeks. You may have jumped back in a little early riverdry... or alternatively get a chance to avergae down.

    Cheers,

    Mac



    Please dyor.
 
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