Personally i think the commodities bust has some time to go and i wouldn't be buying the likes of bhp or especially rio as there share price is still comparatively high to bhp. Why catch a falling knife when in my opinion the iron ore price has a lot further to fall yet. The time to buy will be when no one else wants too. The Fmg share price is absolutely defying gravity at the moment while all the other majors are getting belted. I wonder how long before the fmg share price capitulates.
Can FMG survive?, page-15
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Last
$19.96 |
Change
-0.720(3.48%) |
Mkt cap ! $61.45B | |||
| Open | High | Low | Value | Volume |
| $20.18 | $20.38 | $19.96 | $247.8M | 12.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66287 | $19.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.00 | 10809 | 2 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |