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clock Created with Sketch. 11/11/14
17:25
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Follow the facts to see the answers................
Originally posted by JID
↑
For those interested this has just appeared on macrobusiness.com.au.
(Just posting because a tipsheet I follow has just recommended MGX and I follow iron ore as a potential driver of lower AUD which is important to a sector I do like LT; gold miners)
Cheers
John
Citi cuts iron ore forecast below $60!
Posted by Houses and Holes in
Commodities ,
Iron ore price at 8:56am on November 11, 2014 |
3 comments
Not much to go on except a quick Bloomie headline: CITIGROUP CUTS 2015 IRON ORE PRICE EST. TO $65/T VS $80/T, SAYS IRON ORE PRICES MAY FALL BELOW $60/TON Finally some sanity! RBC has also just cut but not enough: After a sharper-than-expected slide in iron-ore prices, RBC Capital Markets has taken a knife to its forecasts for the next couple of years. It lowers its 2015 average price estimate to US$85/ton from US$100/ton. It also cuts its 2016 forecast to US$85/ton and trims its 2017 forecast to US$80/ton, both from US$95/ton previously. The broker says it expects supply of the bulk commodity to...
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..............................................................................................................................................................http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=fmg&timeframe=Y&year=2014
Column 1
Column 2
Column 3
Column 4
0
10 CITICORP NOMINEES PTY LIMITED 73,614,563
2.36%
Column 1
Column 2
Column 3
Column 4
0
15
CITICORP NOMINEES PTY LIMITED
15,041,902
0.48%
Information as at 16 September 2013
Column 1
Column 2
Column 3
Column 4
0
Rank Name
Units
%IC
1
1
THE MINDEROO GROUP PTY LTD
932,177,650
29.94%
2
2
HSBC CUSTODY NOMINEES (AUSTRALIA)
301,989,129
9.7%
3
3
VALIN INVESTMENTS (SINGAPORE) PTE LTD
228,007,497
7.32%
4
4
J P MORGAN NOMINEES AUSTRALIA LIMITED
220,555,980
7.08%
5
5
NATIONAL NOMINEES LIMITED
178,280,840
5.73%
6
6
HSBC CUSTODY NOMINEES (AUSTRALIA)
156,371,468
5.02%
7
7
VALIN RESOURCES INVESTMENTS (SINGAPORE) PTE LTD
154,267,590
4.95%
8
8
EMICHROME PTY LTD
94,685,358
3.04%
9
9
QUINAMBO NOMINEES PTY LIMITED
91,452,228
2.94%
10
10
CITICORP NOMINEES PTY LIMITED
73,614,563
2.36%
11
11
VALIN MINING INVESTMENTS (SINGAPORE) PTE LTD
70,546,904
2.27%
12
12
THE MINDEROO GROUP PTY LTD
60,305,142
1.94%
13
13
JP MORGAN NOMINEES AUSTRALIA LIMITED
25,948,777
0.83%
14
14
BNP PARIBAS NOMS PTY LTD
22,563,330
0.72%
15
15
CITICORP NOMINEES PTY LIMITED
15,041,902
0.48%
16
16
AMP LIFE LIMITED
13,576,657
0.44%
17
17
MR WILLIAM GRAEME ROWLEY
11,644,951
0.37%
18
18
AMNL FINANCING PTY LTD
10,135,135
0.33%
19
19
THE MINDEROO FOUNDATION PTY LTD
9,874,500
0.32%
20
20
NEWECONOMY COM AU NOMINEES PTY LIMITED
9,585,315
0.31%
So when you see the headlines Citi cuts iron ore forecast below $60! guess who wants your shares ??
