Despite the potential upside in the earnings of ASX iron ore stocks at spot prices, Macquarie bases its ratings and price targets on its forecasts and not on the volatility of spot prices.
Macquarie’s ASX iron ore sector coverage. Source: Macquarie Research (From: Iron ore shipments Strong supply meets slowing demand, Macquarie Research 5 June 2024) (“+/- Potential” column is based on closing prices of each stock on Wednesday 5 June)theJerry knows better than MacBank's research team... he'd have "Hard Sell" on all iron ore stocks
Ann: Bekisopa DSO MRE Increases by 42% Revised, page-12
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $15.06M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $4.531K | 36.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 29629 | 1 |
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| Last trade - 15.34pm 08/08/2024 (20 minute delay) ? |
| AKO (ASX) Chart |