Perhaps a lot of traders are worried about China sentiment towards Aust products.
It simply doesn't apply of course with IO being better quality, and faster to market than any other quality provider in the world - Plus FMG has a very very very close relationship to the powers that be in China so we are insulated from all the argy bargy effecting Lobsters & coal etc .
The smart money will buy today if it dips. All IMO of course
Iron ore price, page-24869
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Last
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |