Borano ..FMG looks like it may have reached support..however lots of overhead supply..it could get to 50% of the high ..about $15....then some basing time.
Don't know if India would be interested in their iron ore as they have plenty of their own....China not yet running a strong Fiscal policy...what will they do?? Property market still in decline and their stock market not much better...very difficult situation for Xi to get growth up..seems China will have continuing problems for some time.
Good luck ..you will have done very well on a short position.
All the Best to All
Borano ..FMG looks like it may have reached support..however...
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Last
$5.77 |
Change
-0.340(5.56%) |
Mkt cap ! $4.827B | |||
| Open | High | Low | Value | Volume |
| $5.99 | $6.01 | $5.76 | $88.57M | 15.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65618 | $5.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.78 | 500 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |