Some of the price action of late has been laughable, particularly for the index as a whole, sky high commodity prices, and having asx index skid 100+ points on a some days during past couple of weeks all from the nasdaq pulling back a little and the dow trading back and forward a few hundred points whilst remaining above 30,000.
8 months in at record revenues, and we have FMG trading at near ridiculous low PE's. Don't be surprised at 7-10% upside rally in one day out of the blue if prices persist.
Iron ore price, page-28598
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Last
$16.20 |
Change
0.080(0.50%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.34 | $15.91 | $139.5M | 8.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70232 | $16.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 830 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |