Not looking good. Thought I'd check in here to see what's happening.
Not looking good. I've a feeling it's only going to get worse now that it's clear China has slowed down and is continuing to slow.
Would not be surprised to see Nau go bankrupt thanks to the reduced demand/price for iron ore combined with all the mountain of lousy debt the idiotic Nau management, or crooks as some like to call them, [and I would not disagree with that description] have built up.
Hope not but I don't see any light at the end of this tunnel unfortunately.
GLTA, you're going to need it.