Mash, I think you will find if anything has happened with production, it is an increase, not a decrease. I mean a decrease is for everyone else to do......first.
My own thoughts are that the price will go down some more with a few large dumps before working up to the mid $50's then rinse and repeat. FMG should be a good buy on any of the dumps as they will possibly be short lived.
Iron Ore Price, page-2423
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Last
$18.63 |
Change
0.320(1.75%) |
Mkt cap ! $57.36B | |||
| Open | High | Low | Value | Volume |
| $18.48 | $18.77 | $18.35 | $132.7M | 7.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26 | $18.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.64 | 7889 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |