I’m watching iron ore players with interest only atm .
Obviously the iron price has fallen to more “normal” levels and I would think FMG ( Rio/ BHP) still making a quid as they have for years :
I just feel atm iron hasn’t based out . Evergrande and other Chinese property developers who seemed to build ( and use steel) just for the sake of building are looking very shaky. It seems they are pulling some apartment blocks down now - scrap steel may be useful
FMGs commitment to green energy commendable but will be costly
At some stage I may buy some but will wait
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Open | High | Low | Value | Volume |
0.0¢ | $22.38 | $21.65 | $216.3K | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1995 | $23.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.71 | 5717 | 2 |
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No. | Vol. | Price($) |
---|---|---|
2 | 1995 | 23.960 |
3 | 13907 | 23.100 |
1 | 340 | 23.000 |
1 | 8780 | 22.990 |
8 | 13658 | 22.870 |
Price($) | Vol. | No. |
---|---|---|
20.710 | 5717 | 2 |
21.000 | 28 | 1 |
21.220 | 836 | 1 |
21.250 | 86 | 3 |
21.330 | 950 | 1 |
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