The rise from the recent 80 cents to the high of 95 cents - provide lot of incentive for people to take profit. People are nervous at this level - rightly so.
However should the US employment data is in line with expectation - we will have another green night. This in turn will give more fuel for the bull run.
The iron ore negotiations have not been finalised - it would appear that the Chinese would eventually have to accept the same price as the Japanese/Korean - should spot price kept going up. I can't see RIO/BHP backing down at this point.
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $442.6M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $581.8K | 1.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90400 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 47216 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |