If you look at graphs of iron ore price or thermal coal charts over time there is a VERY STRONG correlation with the strength of the A$ .
Anyone who talks about strength or weakness of the A$ and doesn't mention China either doesn't understand much or deliberately gives an unbalanced view to suit their own purpose .
But if you think RMS is poor value , good , don't buy it and we'll all be happy but we here aren't stupid and don't need to be saved from ourselves .
Anything there needs moderating ??
If you look at graphs of iron ore price or thermal coal charts...
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Last
$1.96 |
Change
0.075(3.98%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.92 | $38.99M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76412 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 265057 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |