https://www.copyright link/companies/mining/why-china-needs-australian-iron-ore-20200514-p54sts?utm_medium=social&utm_campaign=nc&utm_source=Facebook&fbclid=IwAR1T1YjM6r8jUXLxlFoaIeUdu0DM9bFl7Kfzqy0MQTJgJgx28BNbGbN1Xcw#Echobox=1589444308
Might see the share price dip on Monday then wait a few days and buy up the stock.
China needs our iron ore so these threats are baseless but will be enough to spook the market on Monday.
Some bargain buys might be on the cards.
Brazil can't supply enough iron ore and they have COVID-19 health problems over there.
China threatens to boycott Aussie Iron Ore for Brazil iron ore
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |