XSO 0.70% 2,611.0 s&p/asx small ordinaries

hopefully it will go well for you............ Don't know much...

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    hopefully it will go well for you............

    Don't know much about that company, but I am following iron-ore/steel and it looks good from the cheap seats

    1/Corporate activity.......... Gina's and Andrews kerfuffle over AGO. Essar Steel takeover by Arcelor, merger of Tata and Thyssenkrup interests...........

    2/ Platt's have been tweeting more bullish, than not, stories on demand over the last few months.

    3/ the price rises of late in 65%, 62% and even the 58's. and although prices have been steady the last few yrs demand has increased with supply increasing

    4/ the ever so affable and always bullish Barry Dawes, calling breakout on prices...........

    "Seems we may have just reached that breakout for ironore. ASX Resources Indices looking to make massive breakout despite the ubiquitous gloom and into the DawesPoints Global Resources Boom. Excelllent earnings, balance sheets and dividends in this sector."


 
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