My bet is that price negotiations in China for the year post 1 April will surprise a lot of people who think the sky has fallen with regards IO stocks. I reckon the producers will get increased tonnage & way better prices than recently predicted. Should this come to pass, the resource sector will look for a significant leg up & a major beneficiary will be FMG. Also, it will be the catalyst for much more activity on China's part to gain equity participation in Australian stocks. If 7% Chinese GDP is the base, look for revision over the next while to closer to 10% as their internal stimulus package starts to bite.
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Last
$18.31 |
Change
0.335(1.86%) |
Mkt cap ! $56.49B |
Open | High | Low | Value | Volume |
$18.11 | $18.40 | $18.10 | $79.64M | 4.360M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3614 | $18.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.31 | 5176 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 3644 | 18.270 |
15 | 15079 | 18.260 |
15 | 9133 | 18.250 |
18 | 22345 | 18.240 |
18 | 24030 | 18.230 |
Price($) | Vol. | No. |
---|---|---|
18.280 | 8440 | 8 |
18.290 | 8104 | 12 |
18.300 | 7846 | 11 |
18.310 | 7087 | 16 |
18.320 | 12433 | 9 |
Last trade - 12.52pm 22/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |