If the IO is going up and spot price is going up, FMG should not end in flat in my opinion. Over the last week only the shorters have been winning. BB team should be attacking the shorters so to keep them in out. A small amount of the BB will cause the SP to jump because of the BHP derailment, which is causing the IO to spike.
Last BB notice was in 31st Oct.
Iron ore price, page-8551
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |