Agree. Believe I've made this point before.
All holders should listen to the last quarterly investor call for confirmation of this - https://www.mtgibsoniron.com.au/investors-and-media/reports-and-presentations/category/teleconferences/
These graphs also pose interesting IO facts. The first is proof of Brazil's COVID problems keeping the prices higher......The second graph re China inventories (from last week) is particularly interesting and is reflective of the current global demand (or lack of...) issue.
Still good buying on the dips.....
Iron Ore Price - 65% Fe still on the up....., page-9
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $383.7M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.8¢ | 30.8¢ | $510.7K | 1.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 292984 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 68044 | 8 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |