Your comment are good?? Do you know the difference between "future" and " spot" price? Have a re-read at your comments:
" August Futures for TSI 58%Fe were settled yesterday at $43.78, which is virtually spot price, my figures are based on what people are actually trading at"
You are embarrassing yourself here. Spot TSI58 price yesterday is US$49.30/dmt, this is the average price IO producers get YESTERDAY for their 58% IO, not your August future price of US$43.78.
You are confusing with all the prices because you simply have no idea when FMG's realised price is selling at.
As of yesterday, FMG's forward spot price CFR Qingdao is:
- 58.3% US$48.95/dmt
- 56.7% US$43.25/dmt
I suggest you do more research on how to get proper information.
DYOR.
Frank.
fmg and fe, page-1508
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Last
$18.29 |
Change
0.150(0.83%) |
Mkt cap ! $55.94B | |||
| Open | High | Low | Value | Volume |
| $18.14 | $18.38 | $18.02 | $132.8M | 7.295M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10275 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 21748 | 5 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |