I think that there are going to be some very interesting developments in the Pilbara in the medium term future. There is talk today of Glencore (Xstrata) becoming interested in RIO. This is not the first time I've heard about Glencore's desire to get in to the Fe business. I posted here very recently about that.
I suspect that the current negative doom and gloom will suddenly switch to the other side, it may have already started. And I think FMG will be one of the major beneficiaries. Not just my opinion.
give OZ a Fair GO !!! BHP RIO, page-14
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Last
$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) ? |
| FMG (ASX) Chart |