The share price would go higher if FMG announced their plans to combat the falling price of ore IMO
Example - we are cutting staff to reduce costs to combat the falling IO price.
This isn't good for the economy or for working families, but it does help the share price which is what the investment game is about.
CK
iron ore price, page-558
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Last
$21.21 |
Change
-0.310(1.44%) |
Mkt cap ! $65.30B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.64 | $21.15 | $128.2M | 6.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3190 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.22 | 1058 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |