Well as I said on the FMG and Fe forum, all three of them plus the minnows should be doing double if not triple for FMG and RIO 2day (RIO is more like FMG than BHP as it is more concentrated on Fe than Al, U3O8 and Cu) and the U3O8 has been discounted to close to zero.
The ASX seems unduly subdued to me in terms of the miners especially Fe but also Au, perhaps Al and U3O8. Even when the Dalian futures points higher for IOP, FMG and RIO only move about 200 bps, not much volatility there?
fortescue sell down, page-46
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Last
$17.01 |
Change
-0.330(1.90%) |
Mkt cap ! $52.37B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $16.98 | $102.9M | 6.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 108939 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 1750 | 1 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |