Iron ore price has since fallen quite a bit this morning too sop a perfect storm has occurred
Iron ore currently at $155.65US/T
Currency falling to but iron price falling harder than the currency.
And we all know Friday is mainly is a day when markets are mainly down.
Oh dear.
We all got a bit greedy didn't we.
We all thought it be up about $27 to $28 a share come the dividend time which is what the professional were saying too.
My FMG in the last two days down over $70,000 but over all way up.
Won't sell as the div payouts for this year will pay cover this and I can't see it falling to much further before it bounces back up.
A cyclone up north won't help either.
Iron ore price, page-27533
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$16.99 |
Change
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Mkt cap ! $52.63B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 33 | 32464 | $16.98 |
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| Price($) | Vol. | No. |
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