I am somewhat peeved that FMG significantly underperformed against BHP and RIO yesterday … for reasons that aren’t clear to me … this on what was effectively a positive day for iron ore.
Without knowing what @convexity might have to say this morning, with iron ore down, and BHP/RIO down significantly overnight in the UK and US, FMG doesn’t have the buffer of a good day yesterday for what should be a down day for the three of them, notwithstanding a 0.7% drop in the AUD overnight.
Dex
Iron ore price, page-51628
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Last
$21.18 |
Change
-0.495(2.28%) |
Mkt cap ! $65.58B | |||
| Open | High | Low | Value | Volume |
| $21.48 | $21.50 | $21.02 | $60.31M | 2.838M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3814 | $21.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.18 | 4239 | 28 |
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| Last trade - 12.44pm 26/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |