FMG 0.35% $25.66 fortescue ltd

Chart of BHP, RIO, FMG sp and Iron Ore price. Iron ore company...

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    https://hotcopper.com.au/data/attachments/5007/5007808-b9d456e5bf5d0c8dbeb28edd0873dcf4.jpg
    Chart of BHP, RIO, FMG sp and Iron Ore price.
    Iron ore company sp follows Iron ore prices.
    Unless you have an insight into the future of the Iron ore price, your fundamental analysis is limited.
    In my opinion FMG may not follow the usual seasonal downtrend after ex div date.
    1. Vale massive mine in Brazil not at full production from flood damage.
    2. Russia 10% Ukraine 5% world Iron ore supply disruption from war.
    3. Weapons manufacturers and military forces have increased production significantly ( guns, bombs,planes,tanks ect all require Iron ore)
    4. Chinese blast furnaces have begun ramping up production of steel.


 
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Last
$25.66
Change
0.090(0.35%)
Mkt cap ! $79.00B
Open High Low Value Volume
$25.72 $25.86 $25.63 $77.37M 3.012M

Buyers (Bids)

No. Vol. Price($)
3 11417 $25.65
 

Sellers (Offers)

Price($) Vol. No.
$25.70 2000 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$25.72
  Change
0.090 ( 0.55 %)
Open High Low Volume
$25.72 $25.86 $25.64 785342
Last updated 15.59pm 03/05/2024 ?
FMG (ASX) Chart
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