Watch out if US hikes capital gains tax to 43%, Australia will most likely follow. I hope they apply the tax to real estate properties as well so that house prices will cooldown. Iron ore needs to cooldown and these taxes will help balance the market back to $80-100 per tonne. All imo. Sell in May and go away almost here, coupled with June tax season. FmG will most likely slide down to $17 in the medium term. Let's see how China responds to belting their belt and road projects. Will be interesting if they hike taxes on iron ore.
Watch out if US hikes capital gains tax to 43%, Australia will...
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Last
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9760 | $21.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.27 | 7866 | 4 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |