price firming on the sound of pennies dropping, page-11

Mongrel,

Why? Because after I read your first post about GDP with 6 thumb ups, it was so funny. I burst out laughing. You should send that post to James Chanos hedge fund manager and see what he thinks.

There are so many things you failed to address including China's change growth path and also away from Australia and iron ore.

Yes, resources overseas may not be Australia. In the past China focused on Australia but now including every country, so harder for $15m mc ROY to get funding. Focus may not be in iron ore (eg gas, agriculture).

I don't need to validate my exit from ROY, because sp speaks for itself. My exit was in high 20c, I usually let numbers do all the talking (also shorted many iron ore companies like AGO, GBG etc.).

Let numbers talk like James Chanos' successful hedge fund.