The iron ore equity market action today is mixed with the majors continuing to bleed lower but FMG still outperforming on sell side uppers. Here is the relative performance chart:
The idiocy spreads are still getting wider:
The junior mausoleum is mostly quiet but the BC Iron swan dive continues, down another 5% today and close to $1 after its flight of fancy at $5.50 earlier this year. I’ve expanded the chart to give a more operatic grasp of the quickening belly fop:
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