After market trades takes the total to 36.811.018 -
one for $680,927.3276 at 8.3353 and the remainder at 8.25, the closing price, including one large trade for $4,374,678.00.
Each buyer and seller believes they have made the correct decision as they did earlier in the week.
A small para in The Age today quoted a UBS analyst as saying that he believed that IO prices could fall below $100 per tonne
later this year. That is some influence by just one analyst - so do your sums on $90 and the profit would remain healthy. He
made no mention of FMG diversification strategy.
Also note that the last DRP was at $8.3798 back in June and here we are below that price. Go figure because I sure as hell can't.
Bring in the BB team - they would know good value.
Iron ore price, page-14627
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 (20min delay)
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |