ILU – Iluka Resources | Aussie Stock Forums

Hi all,

My first post. I’m after some views on ILU, as I’m holding at a loss at the moment. I actually renewed a sell order the other day, but didn’t realise I had pressed the wrong button, and got landed with another lot of shares.

The reason I bought a few weeks back is because of the big volume spikes. Learning, learning…

One thing I have noticed since following the stock is that there are orders of 100 000 shares on both sides, at increments of 5 cents. They’ve been there for a few weeks, and move around as the stock price changes. Any more experienced traders have any knowledge on this stock, or these big orders?

Thanks.

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