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That is the big question strider, no indication as to what price is go go go but surely they must be considering it or are they waiting until the end of q2. Who knows.....
Dont be fooled, the real price is still not moving as much. MMs want your shares. (I hate it when people talk like this on other boards but this really is the case here imo). Low volume justifies this tactic.
to see the share price fall with iron ore so high. Suppose it's all with very low volume so doesn't mean much. It must be close to getting very interesting for the BOD. When will they press the GO button?!
flirts with the magic $100 a ton mark. Surely, WAFM can leverage this benign situation to our advantage?
Pity them if they do. The assets are substantially above the sp and there is cash in the bank to take advantage of a sector which is recovering in reality as well as in sentiment. Still a buy at anything below 10p IMO if you can pick a reasonable amount up.
Will the seller appear again ??
Cheeky bugger lol!!! Trying to calm it down a bit.
Well, good to have you back! I check in every now and again and got worried when I didn't see your daily posts :)
How can we have a seller with the price of iron ore flying I would have thought this would have followed, ok the next price of the jigsaw is a little way off but I would have thought buying interest until we get news end of q2....
Considering the rise yesterday, I am thinking of a lunchtime whoosh north let's see. So much more to come here just watch n wait patiently for the next rns, in the meantime watch iron ore continue to trend north.
http://www.businessinsider.com.au/iron-ore-explodes-back-above-90-a-tonne-2017-2
Hi strider of course is still here...I am in this one for the longer term investment. Sorry I have been busy, don't worry not with work lol.
With WAFM being so highly operationally geared and with cash in the bank the continued rise in Iron Ore will have a massive impact on the bottom line
You still here? It's on its way up again - in the risers chart.
Above 90$ a ton and rising
Just hit 87$ a ton on Friday. That's the highest since September 2014.! When this stock finally moves we could be seeing 10p+ very quickly.
Nice 10,000 pound buy. I read on twitter ironore is hitting 2.5 year high and expecting to go up even further.
Is google iron ore news to notice this is only just the beginning.
nicely above the 50-day MA. Nobody likes to see a drop but that's the way of these things. Absolutely no reason why this can't revisit territory broken into at the end of last week (5p+). The scoping study is underway and iron ore price remains strong.
Strider let the market just mug of a few pi's then we will turn back north in style.
On little volume at can still sell in big volume. Don't be shaken out folks this will fly this year.
https://www.bloomberg.com/gadfly/articles/2017-01-31/the-party-s-just-getting-started-for-iron-ore-exporters Big moves north this come yet!!!
I must sell out quickly......or not!! This is a multibagger folks just ride it long n strong.