iron ore is not like other commodities my friend. it is extremely volatile & China is a like a mentally unstable wife. could go off at any moment and blow up in your face. this is a safety net by FEX management. 45% of production locks us in profit until 2023 practically. 55% remains at spot price. looks the goods to me & It makes my hold ever so easier.
Ann: Fenix Enters 12-Month Hedging Arrangements, page-35
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.6M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 41.5¢ | $1.184M | 2.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 99909 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 408366 | 14 |
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| Last trade - 15.45pm 30/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |