I know that feeling, but you just have to block out the China rhetoric.
Fact of the matter is that governments globally are spending big on infrastructure. The demand is therefore strong for steel and IO. China can't do anything in the medium term to reduce its dependence on Aussie IO. If it did, it would only push prices higher.
Everything else is just noise.
FEX Valuation, page-59
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Last
30.5¢ |
Change
0.020(7.02%) |
Mkt cap ! $226.0M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.0¢ | 29.0¢ | $1.847M | 6.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65963 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 187732 | 9 |
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| FEX (ASX) Chart |