I expect a drop of about 5 per cent today despite a good report (which in being good will be unsurprising - I agree with tbo there) because of the io price drop and what has happened overnight with the rio and bhp adrs on the nasdaq.
Some things are outside FMG managements hands. Maybe late in the day there may be a slight recovery if the dalian changes direction. Just my opinion.
Iron ore price, page-571
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Last
$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10105 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 17942 | 8 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |