I don't think $5 is. But if we see iron ore touch $70 combined with global margin calls/liquidity event, its unlikely but possible we see under $10. If you told me IO was locked in at $110 for the next 24 months, id allocate 20% of my money to it right now. I think we have a bit of uncertainty in the next couple of years that could trigger a very attractive buying op.
Iron ore price, page-39428
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$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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