This is bound to impact on all IO producers.
China's deflation fears increase as CPI pace slows
http://www.theaustralian.news.com.au/business/story/0,28124,24785509-5017997,00.html
Quoting:
"The latest data came a day after China revealed exports fell for the first time in more than seven years in November while imports dropped sharply.
The worse-than-expected trade figures came after other data yesterday pointed to the potential for deflation and a housing bust in the world's fourth-largest economy."
A "Housing Bust" will negatively impact the demand for IO & the price of IO come april '09. Could we be looking at a worse case scenario of 50+% reduction in the price of IO?
Just some food for thought.
Regards,
Pandelis
- Forums
- ASX - By Stock
- FMG
- china's deflation fears increase as cpi pace
china's deflation fears increase as cpi pace
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$19.73 |
Change
0.760(4.01%) |
Mkt cap ! $60.74B |
Open | High | Low | Value | Volume |
$19.11 | $19.90 | $19.11 | $207.2M | 10.61M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55717 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55717 | 19.730 |
1 | 48855 | 19.710 |
2 | 20932 | 19.700 |
2 | 27174 | 19.690 |
1 | 1000 | 19.680 |
Price($) | Vol. | No. |
---|---|---|
19.760 | 15000 | 1 |
19.790 | 3715 | 1 |
19.800 | 2400 | 3 |
19.840 | 4500 | 2 |
19.850 | 18050 | 2 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
NEWS
New gold and silver soil anomalies uncovered at Black Range, strengthening exploration potential
RCE
Phase II clinical trial recruitment for R327G topical gel passes halfway, showing promising results against bacterial skin infections
FMG (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online