For every seller there must be a buyer so someone is accumulating unless they are selling to themselves to drop the price.
Blackrock (US Hedgefund) has sold down $60M in FMG, AGO, BHP & RIO in the last week which would not help sentiment.
http://www.macrobusiness.com.au/2013/08/daily-iron-ore-price-update-blackrock-sells-down/
Also, China announces infrastructure spending:
http://www.chinadaily.com.cn/china/2013-08/20/content_16905691.htm
dividend estimate for past half year ?, page-11
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $677.8M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $18.16K | 77.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 248937 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 76359 | 4 |
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| Last trade - 12.22pm 15/08/2024 (20 minute delay) ? |
| BCI (ASX) Chart |