. Revenue : Commodities peaked and declined
Demand slows from slowing economy,
(Price drop x Demand Drop)
Less Revenue
. Cost : Increase.
MRRT & Carbon Tax
. Bottom line Reduced.
. Investor funds reduced.
. Bad news for Australian Mining Industry
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
. Bottom line Reduced.
. Investor funds reduced.
. Bad news for Australian Mining Industry
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