yeah, io rock solid lately.
A wide range of commodities have fallen off their perch but mainly those played by hedge funds. Their prices reflect lots of speculation.
There are some positive for fmg:
- io price stronger, longer than expected
- AUD dropping due to commodity sell off
- quarterly coming, hopefully showing lower cost profile and ramping up of volumes
- the china numbers may encourage more government stimulus, read building things using iron ore
Of course, I don't expect the markets to discriminate today. More opportunity to accumulate.
loobs is my hero, page-8
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Last
$19.58 |
Change
0.080(0.41%) |
Mkt cap ! $60.47B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $139.8M | 7.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2133 | $19.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.59 | 1906 | 7 |
View Market Depth
| Last trade - 15.24pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |