kculovad, I wrote the below on the AGO thread yesterday, I would say there's another 2-3 weeks of possible pain to come if IO continues falling or it may just stand still until:
We are now in the most seasonally weak period of the year, Buyers are at a conference next week drinking and singing Karaoke then on a weeks holiday immediately thereafter (1st-7th Oct) That likely translates to weak flat pricing.
A couple more weeks to get their feet back under the desk and then we should see strengthening in the price as the re-stock begins.
iron ore price, page-5
-
- There are more pages in this discussion • 1,691 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104054 | $17.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.07 | 4370 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |