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
Lets not forget the revised growth from China is still 7 - 9 %,...
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |