Seaborne takes a deep breather, SGX relaxes a bit more.
Since May we have averaged above $210
AUD buying 73cents in a very strange but welcome anomaly. During the last time boom we hit a high of ~ $190US in early Feb 2011 the Aud was flying and we smashed through parity soaring to $1.10 at one point.
FMG hedges currency to manage its risk but this is a dynamic process. This is a rare time & I've little doubt we have changed out tactics a bit to accomodate this currency anomaly to help more profits flow through.
Iron ore price, page-34279
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |