Are you tempting Satan?
I see FMG reasonably OK this month. From mid ~October and more likely in November $4 is on the cards. FMG product is not what the market is buying at a premium price, on the contrary sub 58%Fe sells at a discount, remember Q4 realised price? There is no quick fix for this. I did some research into predictions, supported by cold numbers, expressed by the Chinese traders and analysts. Prospects for low quality IO is bleak this Northern winter.
Are you tempting Satan? I see FMG reasonably OK this month. From...
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Last
$17.07 |
Change
-0.270(1.56%) |
Mkt cap ! $52.63B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $17.06 | $55.22M | 3.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 15704 | $17.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.07 | 116 | 2 |
View Market Depth
| Last trade - 14.12pm 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |