It's had a very big run admittedly, but was so cheap it was not funny. IO stabilising would perversely be better in one respect than IO running because no one believes it will stay at these levels for long. We will see, the quarterly comes out soon as well, maybe there are those betting on a surprise result on the downside. It's been strong, but a shakeout is almost inevitable and we're seeing a bit of that albeit on reducing volumes.
iron ore fines at $159/tonne, page-7
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $494.2K | 1.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 88281 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 414626 | 8 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |