FMG is a great company in an uncertain world.
Uncertainities:
1. China’s short term demand for Iron Ore (IO) - they are trying to push price down + cut in demand for Beijing Winter Olympics (clean skies) + attempting to reduce greenhouse gases + China has shot itself in the foot by banning Australian Coal for steel making
2. World supply of IO
3. Consequent price based on above factors
4. China’s punishing trade war with Australia (not a huge factor with IO)
- Forums
- ASX - By Stock
- FMG
- FMG Technical Analysis
FMG Technical Analysis, page-7658
-
- There are more pages in this discussion • 3,622 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B |
Open | High | Low | Value | Volume |
$21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3932 | $21.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.90 | 400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3932 | 21.890 |
1 | 4510 | 21.880 |
1 | 175 | 21.870 |
5 | 21262 | 21.860 |
16 | 59965 | 21.850 |
Price($) | Vol. | No. |
---|---|---|
21.900 | 400 | 1 |
21.930 | 50 | 1 |
21.960 | 60 | 1 |
21.970 | 100 | 1 |
21.980 | 12673 | 9 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online