In opinion:
Let's see how many shorters get caught out when the inevitable bounce comes and boy will it shake a few no doubt. Shorters can speculate all the doom and gloom they wish to attempt to justify their negative position but fundamentals clearly show otherwise and so do the LT bullish trend for IO and Aussie miners. This is only the beginning of a new resources bull market.
IO is maintaining an early LT uptrend since April last year after YEARS being in a cyclical bear market which triple bottomed and ended at the bottom of an IO abyss in 2016. A new LT bull cycle in play brings frustration to bears and brings new life to patient bulls waiting a long time for this moment. Happy holder here.
In opinion: Let's see how many shorters get caught out when the...
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |