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Kumba - Opportunity is even bigger today!


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#1 Spree

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Posted 11 August 2017 - 04:04 PM

This sudden surge in the iron ore price could be very short-lived. What about all the excess supply still around (and even more supply coming on stream!) Or, has demand suddenly skyrocketed?

In terms of the juicy divi, is it not already priced-in?? Will the stock not drop by more or less the same amount the day after LDT (sometimes the drop even exceeds the divi!)??
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#2 Rulz3

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Posted 11 August 2017 - 01:07 PM

LDT for R15 dividend on Tues - and today is unrelated drop!

Iron futures down 5% this morning. Market very sceptical about the rise in steel rebar and iron ore. Any freight would result in big moves.


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#3 thedoc

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Posted 11 August 2017 - 12:57 PM

LDT for R15 dividend on Tues - and today is unrelated drop!


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