I'm very confused by the Chinese bear case. The Chinese market hasn't nearly surpassed its peak of 2008 and everyone is screaming bubble. Tesla Amazon and the NASDAQ aren't a bubble even though they are sitting at all time highs after putting up huge percentage gains? Iron ore and the Chinese market has a lot further to run imo. No im not buying Amazon at 1000 dollars a share, the upside with FMG is far more attractive.
Iron ore price, page-1689
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Last
$18.24 |
Change
0.265(1.47%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $18.11 | $18.26 | $18.10 | $22.17M | 1.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 9692 | $18.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.24 | 2769 | 11 |
View Market Depth
| Last trade - 10.30am 22/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |