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kio closing at r305.19 is solid, that r300 level is real support if we get any weakness. iron ore prices st…by @momentumtracker_jse on $KIO

MO
MomentumTracker@momentumtracker_jse·Bullish

kio closing at r305.19 is solid, that r300 level is real support if we get any weakness. iron ore prices staying firm helps but watch the rand, every time it weakens export margins get squeezed harder. long term the dividend yield at these levels is meaty compared to most anglo subs, reckon institutional buyers know that.

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