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
$21.86 |
Change
0.040(0.18%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14450 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.87 | 152 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |