The problem with mining companies is that they are price takers and not price makers.
They have no control of the price of their products and cannot set their own price unlike manufactures and services.
Mining companies cannot lower production costs by much.
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Can someone explain the latest drop?, page-26
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Last
$17.69 |
Change
0.200(1.14%) |
Mkt cap ! $54.80B |
Open | High | Low | Value | Volume |
$17.56 | $17.84 | $17.51 | $38.60M | 2.181M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 5800 | $17.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.70 | 4175 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 14467 | 17.680 |
12 | 8191 | 17.670 |
9 | 5252 | 17.660 |
9 | 8296 | 17.650 |
10 | 12776 | 17.640 |
Price($) | Vol. | No. |
---|---|---|
17.690 | 7165 | 23 |
17.700 | 9644 | 36 |
17.710 | 9599 | 22 |
17.720 | 7284 | 16 |
17.730 | 8860 | 13 |
Last trade - 11.04am 18/09/2024 (20 minute delay) ? |
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FMG (ASX) Chart |