Decided not to buy any more FMG for a while. Went for NXM at 23c for 100,000 shares and now they are 36c and super booming skywards.
IO going down in price and while others are booming that is where people are drifting off to.
Lithium stocks doing well too.
Lost with SRK bought at 17c and sold today at 14.5c. They are a small IO producer but their cost price is about $70US/T
and come years end they might be in trouble.
The smaller IO producers will end up going bankrupt leaving the big 4 to move forward in BHP, RIO, FMG and Vale.
Iron ore price, page-37114
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |