I am not suggesting that only FMG might be punished ! If we have to put sanctions against China just in case the tension escalate between America and China . Australian economy will suffer like what happened after sanctions against Russian, all European economy suffers as a result of sanctions imposed on Russia! And the gas pipeline was sabotaged and blown up under water .
in my observations military industry of America needs tension and war to grow! I see a potential risk and I am taking the risk and investing in FMG which has been undervalued recently!
Iron ore price, page-53695
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |