I agree. But the risk of China, the volatility in single commodity is probably breaking my risk vs reward profile for FA investments (long). I will continue to swing trade, but I need to put my long term capital elsewhere I think. The risk of a major military conflict with China is also playing havok on my long term thoughts about FMG until FFI becomes reality or we take a decent stake in a Ni or Copper player. I am not selling my holding, but I won't add to it anymore until things normalise or we diversify.
Iron ore price, page-34996
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Last
$22.36 |
Change
-0.230(1.02%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |