and what is the average price over the next 5 years in your valuation? you don't just take current all time highs and say the price should be $30 based on today's price. it is fear to say the upside in iron ore is behind us, not in front of us. so factor this into your valuation. either adjust your iron ore price down or increase your discount rate to factor in this additional risk
Iron ore price, page-30843
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$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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