the market chucks these tantrums every time the Chinese government controlled steel producers start messaging issues.... it s a desperate attempt to try to smash the iron ore price, one of the biggest Chinese imports. They can do that in the short term, until reality and economics catches up.
lets see how irrational this cycle gets.
$100 share price, page-386
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Last
$37.84 |
Change
-0.430(1.12%) |
Mkt cap ! $7.436B | |||
| Open | High | Low | Value | Volume |
| $38.54 | $38.63 | $37.75 | $75.53M | 1.983M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 581 | $37.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.88 | 873 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |