I should add that both rio and bhp are diversified enough to handle exposure. Shipping is like any other commodity. You can be long or short. The bigger risk issue is counterparty exposure. FMG had dodgy counterparties who failed them when the market dropped...and hence exposed.
I should add that both rio and bhp are diversified enough to...
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Last
$21.72 |
Change
-0.040(0.18%) |
Mkt cap ! $67.21B | |||
| Open | High | Low | Value | Volume |
| $22.01 | $22.10 | $21.70 | $37.07M | 1.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2735 | $21.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 20870 | 11 |
View Market Depth
| Last trade - 11.04am 02/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |