@Rojam,
IO Futures are in contagion, Futures contracts in future time are at progressively lower prices. FMG can hedge offering a discount to current spot price.
You can see all these on Singapore exchange site - SGX. I may post around midnight today's closing price for March futures and could add a link to the right place. If interested post me on this thread.
fmg and fe, page-420
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Last
$16.17 |
Change
-0.030(0.19%) |
Mkt cap ! $50.06B | |||
| Open | High | Low | Value | Volume |
| $16.40 | $16.41 | $16.13 | $59.87M | 3.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6755 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.18 | 6835 | 20 |
View Market Depth
| Last trade - 12.04pm 10/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |