Incorrect? I see.
I presumed Correlate means when one thing has essentially affected another.
Your suggestion has been the fall in the iron ore price has resulted in Fenix going 40c to 25c, so doesn't your logic then dictate a rise in the iron ore price will correlate accordingly with the FEX SP?
Or are you saying correlation only applies when excuses are needed to deflect from the more likely scenario?
Price of Iron Ore, page-1772
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.3¢ | 25.0¢ | $497.3K | 1.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20017 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 30000 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FEX (ASX) Chart |