Shouldn't effect it. But does and it is. BHP & RIO still derive 60 - 70 revenue & profits from Iron Ore. Fund managers think in Thematics. Despite the robust nature of the IO price and its move into a super cycle, the fundies have sold off BHP & Rio today and to a lesser extent FMG. In turn others have followed. it's the market..... that's is what happens. I expect a pick up in the. arvo as the smart ones realise how silly the hird is. when the guy at Morning star have an FMG pt below $10 you realise how Zany they are .....
don't worry about it. It's a small bump in the road to prosperity
Shouldn't effect it. But does and it is. BHP & RIO still...
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |