Yeah, I had to look twice. FMG and many analysts were expecting it to bounce back hard but that was one huge move last night. It will be interesting to see if it holds up next few days.
I bet the smarter hedge funds have got what they want, created nice panic and got out. However, there are still lots of shorters in this one who were late exiting. A lot of pain atm for them.
iron ore up again, page-2
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 (20min delay)
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |