Mash, I think you will find if anything has happened with production, it is an increase, not a decrease. I mean a decrease is for everyone else to do......first.
My own thoughts are that the price will go down some more with a few large dumps before working up to the mid $50's then rinse and repeat. FMG should be a good buy on any of the dumps as they will possibly be short lived.
Iron Ore Price, page-2423
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Last
$19.98 |
Change
-0.160(0.79%) |
Mkt cap ! $61.51B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $19.95 | $158.1M | 7.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5999 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.02 | 555 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |