Pressure is on the Chinese

  1. 496 Posts.
    Chart below shows why BHP & RIO are content for the IO price to hover around $70 for awhile. It is the high cost Chinese IO they want out of the market. With the AUD holding down in the mid 80's, it is all looking under control. ARI and FMG not going out the back door any time soon.
 
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$21.26
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Mkt cap ! $65.45B
Open High Low Value Volume
0.0¢ $21.70 $21.02 $956K 36K

Buyers (Bids)

No. Vol. Price($)
1 3516 $22.33
 

Sellers (Offers)

Price($) Vol. No.
$19.14 342 1
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Last trade - 09.42am 25/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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