I notice people keep posting and commenting on the IO price at $80+. No exactly sure how that is relevant to FMG since it sells lower concentration ore that doesn't sell for that much. Still think the Dalian is a better marker of where FMG trades. A few charts here for comparison. I couldn't get the alternate IO price on IG charting.
Dalian
FMG
Iron Ore Price, page-18131
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 (20min delay)
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Last
$22.52 |
Change
0.415(1.88%) |
Mkt cap ! $68.93B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.53 | $22.22 | $29.16M | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3072 | $22.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.52 | 2941 | 13 |
View Market Depth
| Last trade - 11.52am 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |