Its a conservative forecast as noted by Josh Frydenburg, and is a forecast that has already been pushed back a few quarters. I believe some analysts were predicting the Govt were going to increase their future price estimate too.
In other words, a) I would think the price forecast is required to be quite conserative because it deals with our national budget (better to under predict and over deliver) and b) there are no strong indications that prices wont stay higher for longer at this stage anyway.
- Forums
- ASX - By Stock
- Iron Ore Future Price
Its a conservative forecast as noted by Josh Frydenburg, and is...
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GWR (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.6¢ | $15.85K | 208.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138000 | 0.077 |
3 | 258275 | 0.076 |
1 | 41666 | 0.072 |
1 | 14285 | 0.070 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 200000 | 1 |
0.091 | 1260 | 1 |
0.095 | 107746 | 1 |
0.100 | 29000 | 1 |
0.110 | 285659 | 2 |
Last trade - 13.09pm 26/07/2024 (20 minute delay) ? |
Featured News
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
GWR (ASX) Chart |