I can guarantee the SP will pick up. With huge free cashflow & the very very high & stable IO price we will see a solid rise.
in truth given our fundamentals it should rocket up above $35 imo, however it depends on what the instos decide
I expect that the volumes will start to ramp up a lot!
Iron ore price, page-27942
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Last
$18.57 |
Change
-0.420(2.21%) |
Mkt cap ! $57.11B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.65 | $18.49 | $69.85M | 3.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4647 | $18.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.58 | 8943 | 33 |
View Market Depth
| Last trade - 11.48am 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |