I Believe prices being sold to FMG clients had already been agreed to before the massive hike in the price of IO in the last 9 months or so. I don’t know the detailed arrangements between seller and buyer that FMG has pencilled out, nor what impact BHP and RIO 85% increase talks will have on FMG arrangements in place. If anyone can shed some light on these item please post. I imagine if contract prices go up by 85% then FMG has a clause in their contracts with buyers to up the price. The talks between BHP / RIO and China should be locked away in the coming weeks, there will be a back pay too for any increase agreed on too.
please explain, page-2
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Last
$18.44 |
Change
-1.110(5.68%) |
Mkt cap ! $58.00B | |||
| Open | High | Low | Value | Volume |
| $18.76 | $18.85 | $18.43 | $114.8M | 6.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4987 | $18.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4130 | 17 |
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| Last trade - 13.03pm 11/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |