60% of global I/0 goes the china and of that 45% is used in the property market (care of smh) given china is estimating a growth of 7.5% that is still a bucket load of I/ o . Also worth considering are the next power houses of consumption India and Vietnam IMO will be large markets for I/o why else would Vietnam be producing steel mills and why is India placing huge export tarrifs on their locally mined ore yes this is a dip in price but like the ride at Luna park there will always be ups and ugly downs
stairs on the way up escalator on the way down, page-80
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$19.29 |
Change
-0.200(1.03%) |
Mkt cap ! $59.48B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.55 | $19.27 | $60.75M | 3.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 8002 | $19.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.29 | 4218 | 10 |
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| FMG (ASX) Chart |