premium Iron ore pellets hit US$165.26/tonne, page-33

yep, meantime just keep buying if you have spare cash. I'm in it for the divvies, 2c per annum plus the franking credits puts the divvy yield well above 10%, and with pellet prices likely to hold strong an increase payout can' be ruled out. I topped up again today, the truck was well and truly already, but the yield is just too tempting. Don't see it as a value trap, all looks good, and plenty of cash in their coffers. Beats me why its not in the 30's, am thinking its just not in the insto's "to buy" list for whatever reason. Sometimes I just can't fathom the market.