Don't want to make it (or me) seem too simple, but if they are paying 20% less for IO, that's gotta reduce their imports, even if they buy more IO.
On another note, its nice to see a director buying $200k worth of shares @ $4. Hopefully this means she's not expecting too much more downside.
Iron ore price, page-74
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Last
$21.66 |
Change
-0.205(0.94%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.64 | $14.81M | 680.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2529 | $21.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.66 | 1705 | 2 |
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| Last trade - 10.36am 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |