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
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.1M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 27.5¢ | $73.57K | 267.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 183019 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 50956 | 5 |
View Market Depth
| Last trade - 10.02am 09/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |