As you have identified, it does not matter what the reason is, when iop collapse everyone exposed will take a big hair cut.
It is always difficult to catch a falling knife but FMG has managed to survive the dark times. Iop is pretty stable and sustaining so maybe the worst is over?
Iron Ore Price, page-4593
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 (20min delay)
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Last
$20.47 |
Change
0.450(2.25%) |
Mkt cap ! $63.02B | |||
| Open | High | Low | Value | Volume |
| $19.90 | $20.64 | $19.90 | $227.3M | 11.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2983 | $20.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.50 | 2160 | 2 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |