I agree totally except that I think if GFC2.0 happens out of this china situation, it will be margin clerks selling anything that has a bid. And due to the overall debt problem in the world, while these miners balance sheets are pristine, there could still be a massive reduction in demand due to sovereign rather than corporate debt.
Iron ore price, page-39404
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Last
$19.40 |
Change
0.550(2.92%) |
Mkt cap ! $59.73B | |||
| Open | High | Low | Value | Volume |
| $18.50 | $19.50 | $18.45 | $365.1M | 19.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $19.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.42 | 99 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |