If we superimpose 1 year FMG price chart onto it, looks good. It would be valid to say that they have diverged significantly over the year. And at some time, there will be forces that will make them attempt to converge. That will be the time of the big bounce in FMG. But lets not get too excited yet.
Iron Ore Price, page-1614
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |