The Chinese are smart at playing poker, they are helping us all to cut our collective noses because their demand won't decrease but increase yet yields and forecasts can't explain the price suppression at lack of price or share price/div yield growth. So what are we doing wrong?
Also if Glenn Stevens cut interest rates this year by 50 basis points, how will that effect company earnings?
Iron Ore Price, page-262
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |