Hard to know but there may be furhter improvement - iterim results due in fortnight.
Think im about to cash in here today... they have done well recently and dont know how much further they can travel with a LT res just ahead. will buy again tho...
bit of a mystery
This IS a company I like to buy when cheap.Big rise over the last month but a "loud" rns talking about production increases in iron ore but not one word about how prices(or profits ?) unsurprisingly were very poor. Nice work if you can get it.! but a trifle dishonest Another iron ore company talked about prices in detail and their shares did nothing.
17 Jul '14
Goldman Sachs Correction?
Goldman Sachs Strong Buy at £25.30 which was reiterated yesterday, I think they first stated that opinion on June 3rd albeit the June 3rd entry has now been updated to express their opinion for a strong sell. Was this an LSE error that Goldman Sachs asked to correct or a Goldman Sachs internal blunder - hell of a difference in the two opinions? More significantly what is it going to do to RIO SP - will it have any impact or will yesterdays strong RNS be the main influence here?
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