I suspect that you are correct but we need not fear.
Have read many posts on other forums saying that Australia will simply sell it's barley, coal, wine etc into other markets which are clamouring to deal with us.
We don't need to be proactive.
We are the Lucky Country.
Choosing the exit point with FMG is going to be the tricky bit.
Iron ore price, page-24568
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Last
$17.94 |
Change
-0.350(1.91%) |
Mkt cap ! $55.23B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $17.92 | $112.0M | 6.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 440 | $17.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 10018 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |