"But why is the opening price lower this morning if its great news!!!!!"
The short answer is this;
"The Steel Index's Tianjin spot price fall another 7.2% yesterday to US$131.70/ton--has hammered Australia's iron ore sector early Wednesday."
The longer answer is that sentiment is still very much on the nose. Bad news is bad, and good news is also bad. But be patient, that will change, and dramatically.
Ann: Fortescue Debt Offering , page-10
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Mkt cap ! $68.93B | |||
| Open | High | Low | Value | Volume |
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