BR, like your enthusiasm, but assume you're talkin RIO.
i agree though, any shorters on IO stocks should tread carefully.
Everyday that IO is up over $120 FMG are KILLING IT!!!! Also i saw a very good interview suggesting that whilst there is a lot of supply coming online, the big four IO producers will be very careful not to kill the golden egg. If IO was to go to $70 because of additional supply, can someone explain why these miners would look to double production for the same revenue? Why not keep it at the same levels now and cream it? Why? Well i've got a feeling these guys know a sh**load more than any of us on here about the demands of IO moving forward, and that gives me a fair bit of confidence.
Whats an avg investment here? $10k? Well these guys are dropping more than $10billion. I'd say they've done their research, even if you think you have.
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BR, like your enthusiasm, but assume you're talkin RIO.i agree...
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B |
Open | High | Low | Value | Volume |
$20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | $20.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.15 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 20.140 |
8 | 4822 | 20.120 |
9 | 22766 | 20.110 |
43 | 51948 | 20.100 |
2 | 1300 | 20.090 |
Price($) | Vol. | No. |
---|---|---|
20.150 | 2500 | 1 |
20.200 | 3990 | 1 |
20.210 | 500 | 1 |
20.250 | 1123 | 2 |
20.270 | 2733 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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