As we said earlier MM is slowly becoming interested in the iron ore names into current market weakness but it feels like they have further to fall e.g. CIA has only corrected 25% of its aggressive rally over the last 12-months, most technical traders would be targeting a 38% or 50% correction before expecting the stock to recommence its bull side advance.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
MM will consider accumulating MIN another 10-15% lower.
Add To Hit List
In these Portfolios
Related Q&A
PLS: a buy at these levels?
Allkem thoughts on risk/reward below $9.50
Iron Ore Producers
Does MM like Lithium and its respective stocks?
MIN US bond issue at 9.25%, can I get some?
Thought on MIN’s 14% Stake in Delta Lithium (DLI)
What are MM’s top picks for resources exposure?
When does MM decide to sell?
Could Mineral Resources (MIN) demerge moving forward?
JIN & MIN – part 2
MIN
Thoughts on Lithium & Gold
Our view on Mineral Resources (MIN)
Strandline (STA) capital raise & Mineral Resources (MIN)
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.