We definitely are in bear territory for IOP and greatly impacting FMG.
For everyone’s sanity don’t follow the price daily if your a long term investor.
for those in for the short term expect more volatility.
wait for the price to bottom. When that would be no one knows but China should be on your radar as they heavily impact the direction of IOP at the moment.best to sit on the sidelines for now and accumulate when there is more stability with the direction China is taking.
Iron ore price, page-37396
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Last
$22.50 |
Change
-0.120(0.53%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.31 | $36.52M | 1.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 260 | $22.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 2695 | 21 |
View Market Depth
| Last trade - 12.55pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |