I don't know of any non holder that complains about the drop in the SP. I always believed these big iron ore companies are overvalued in never invested as a result! Yes what RIO is doing is unheard of but it is almost time to consider your initial point of entry! For me I will wait another 4-6 months and buy on the cheap. Currently the SP is way too high as the iron price war is not done yet! I don't want to be caught out in buying high and selling low! So the waiting game is still on!
AGO Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
BHP Price at posting:
$29.54 Sentiment: None Disclosure: Not Held
GBG Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
MGX Price at posting:
28.0¢ Sentiment: None Disclosure: Not Held
RIO Price at posting:
$58.33 Sentiment: None Disclosure: Not Held
