higher interest rate means less demand so commodities are falling. they won't pause given that they've hedged. it would need to go under $90usd for them to be unprofitable. this is cyclical,
Ann: Fenix extends Iron Ore Hedging Cover, page-43
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Last
26.8¢ |
Change
-0.008(2.73%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.8¢ | 26.5¢ | $238.6K | 875.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 247553 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 214257 | 12 |
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| Last trade - 12.18pm 09/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |