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
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |