Mentioned that IO would be defensive - although FMG has many growth aspects. We are a well balanced beast.
AUD also fallen again sitting around 70.26USD. Our revenue streams are absolutely cracking.
2020 China 5 yr plan should add more fuel onto this. That should be out shortly. Im predicting this will be good for us with IO & China goal of getting of ICE cars by 2035 & into EV's & Hyrdogen cars. This is new should be much bigger than corp tax changes in the US as a result of a Biden win imo.
On wards & up wards.
DYOR
Iron ore price, page-24804
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Last
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |