FMG 2.21% $16.66 fortescue ltd

Lets not forget the revised growth from China is still 7 - 9 %,...

  1. 1,947 Posts.
    Lets not forget the revised growth from China is still 7 - 9 %, and whilst it maybe softened from 12% or whatever, even these lesser numbers translate to huge demand.

    China has seen an opportunity with IO to "play the game" and drive prices down, which they tried but couldnt do 8 months ago when negotiating. Why wouldnt you if you were in a postiion to do it, makes good commercial sense
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.66
Change
0.360(2.21%)
Mkt cap ! $51.29B
Open High Low Value Volume
$16.50 $16.74 $16.31 $150.0M 9.072M

Buyers (Bids)

No. Vol. Price($)
1 600 $16.65
 

Sellers (Offers)

Price($) Vol. No.
$16.67 40000 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.