Because the alleged "Jane Street" trader is actually a two bit piker sat in a ladyboy bar in Pattaya pretending to be Gordon Gecko whilst jacking off into a hanky
Well Ascender are Hong Kong based, so maybe SB pressed the flesh during his recent trip. As you said, unfortunately we aren't likely to know unless they decide to add.
@TimSmith12 do you have any evidence of "a big organised scam" or are you like that human prophylactic Tucker Carlson "just asking [idiotic] questions"
Should be noted that Iluka shares have risen a lot in the past 6 months because of interest in rare earths, so the drop is probably some profit taking now that is out of the news following the TACO on magnets
"Iluka plans to put its Cataby mine on hold for a year, while its Synthetic Rutile Kiln will be suspended for about six months, from Dec. 1. Both can be restarted earlier should conditions improve, it said."
"This decision has been taken given subdued demand for mineral sands and their associated downstream products, particularly pigment"
"Iluka holds sufficient inventories of synthetic rutile — a high-grade titanium dioxide product mainly used to make pigment — to satisfy customer requirements during the halt, it said."
Does anyone have a decent view of trade data today? I pay for L2 data through my broker Saxo, but for EEE its terrible, I can only see 50k @ 68 bid and 30k @ 71 ask. Volume looks relatively low today compared to the past two weeks and on LSE it generally looks like buying activity. Is there a large sell order going through?
Including: "Outside of the three core product groups, Rio Tinto’s Borates and Iron & Titanium businesses will move to the Chief Commercial Officer’s portfolio for strategic review. An update will be provided on the outcome of these reviews in due course."