You really have to wonder at the motives of analysts. FMG is often a case of take-your-pick. As a (counter) example today from UBS;
UBS, believing record Chinese iron ore imports in September means upside risk exists for UBS iron ore price forecasts, now expecting 20% increase in contract prices in
Japan's FY10.
My persoanl view is that demand is strong, so prices, if they go down at all, will not go far.
You really have to wonder at the motives of analysts. FMG is...
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Last
$20.24 |
Change
0.475(2.40%) |
Mkt cap ! $61.91B | |||
| Open | High | Low | Value | Volume |
| $19.91 | $20.26 | $19.90 | $53.11M | 2.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 8842 | $20.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.24 | 988 | 8 |
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| Last trade - 12.22pm 07/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |