When the speculators have finished panic selling, and the mills eat through their stock and need to return to the market rather than sitting and waiting for the price to fall further.
This is a game thats played every so often, the inventories are increased making the price rise, then they destock as the price falls, but the use huge amounts of ore every day, 24 hours a day, they need to return to market eventually.
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-582
-
-
- There are more pages in this discussion • 52,226 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B |
Open | High | Low | Value | Volume |
$21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1380 | $21.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.77 | 28571 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1380 | 21.750 |
1 | 1000 | 21.730 |
1 | 700 | 21.710 |
1 | 23 | 21.700 |
1 | 200 | 21.690 |
Price($) | Vol. | No. |
---|---|---|
21.770 | 4400 | 1 |
21.780 | 14491 | 2 |
21.790 | 234 | 2 |
21.800 | 16913 | 6 |
21.810 | 12991 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online