Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James and Team It's Tue 27/2/24 - (ILU $6.59 -0.36c over 5% fall). Iluka continues to fall after reaching a high of $7.84 after reporting. It's trading below your buy price on 7/2 ($6.90) which looked really good after it reported and reached a high of $7.84. This is your preferred play on an improving Chinese economy. I missed the opportunity when you bought in. Is this a buy now or do we wait for this downward trend to play out. regards Debbie
Hi Debbie,
We covered ILU on Wednesday here, with our summary being – We can see ILU trading between $6 and $8 for a while.
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