Iron ore price, page-14107

Todays action slightly pink I would say

Volume at 4 pm 13,594.380 at 8.90 and at close 15.207.778 at 8.89.

Low of 8.86 High of 9.00 and finished down 4 cents at 8.89.

FMG down 0.45% Trading Range of 14 cents.

Opinion only - so not worth that much. Sometimes we see large increases in IO prices and others sit back thinking
that tomorrow will be different. 'It has to pull back they say' - 'I will look at average they say'.
Some do talk to themselves and ponder the future with joint ventures as well.

Maybe others are thinking what pressure China might attempt to bring to bear when they see an ever increasing IO price.

There are just times when it trades in an unexpected manner, but I remain a happy holder.