Agreed with you here, looking at the VWAP for today its still sitting at $25.54 whereas the SP is currently at $25.36.. There maybe a few sellers taking profit but at the same time there are buyers coming through and swooping it all up. Given the constant selling we may have a red day but I dont see why it should be 2% down given all other factors at the moment.
Iron ore price, page-26993
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Last
$22.50 |
Change
0.400(1.81%) |
Mkt cap ! $69.53B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $66.84M | 2.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3733 | $22.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.51 | 8306 | 30 |
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| Last trade - 15.37pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |