People don't buy if nobody wants to buy but if somebodies lead to buy more would want to buy, and at last everyone want to buy.
When everyone wants to buy, nobody could know. The key is FMS IO is huge and good enough. You open a shop, right? Of course you want everyone come in to buy. You could drag everyone in but you have the goods everyone wants. If you have the goods, sooner or later you would sell your goods for your profit.
That is what FMS is now. It could get a lot of IO goods in its IO shop. What is IO is? Necessity! How much IO RIO has in its mine near FMS tenements? RIO and all of big boys don't just want to get the quick money as the traders here. They need to keep their reserves.
Why ChinalCo wants to get into RIO? It is to implement some strategies to secure the IO supplies. The big boys don't just count on how much they would get but years or even 100 years.
Surprised? Assume you are the big boy who have the responsibility to pay the salaries for more than 100,000 employees or a president of a nation such as China, you would know how significant the FMS IO is.
Of course if tomorrow morning everyone wants FMS IO and FMS is priced at $5, I would sell without any hesitation since it is enough.
What would RIO, FMG, China, or whoever do for FMS IO? No one know and just confuse ourselves if we try too hard. It is the time to be ease. If it is yours it will. Life is so and everything is so too.
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Last
76.0¢ |
Change
-0.020(2.56%) |
Mkt cap ! $151.8M |
Open | High | Low | Value | Volume |
78.0¢ | 78.0¢ | 76.0¢ | $13.78K | 18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5844 | 76.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.0¢ | 551 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5844 | 0.760 |
1 | 5538 | 0.740 |
1 | 1309 | 0.700 |
1 | 7246 | 0.690 |
1 | 10000 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 551 | 1 |
0.800 | 4936 | 2 |
0.820 | 540 | 1 |
0.830 | 10355 | 1 |
0.870 | 3999 | 1 |
Last trade - 13.43pm 06/08/2024 (20 minute delay) ? |
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