I’m watching iron ore players with interest only atm .
Obviously the iron price has fallen to more “normal” levels and I would think FMG ( Rio/ BHP) still making a quid as they have for years :
I just feel atm iron hasn’t based out . Evergrande and other Chinese property developers who seemed to build ( and use steel) just for the sake of building are looking very shaky. It seems they are pulling some apartment blocks down now - scrap steel may be useful
FMGs commitment to green energy commendable but will be costly
At some stage I may buy some but will wait
I’m watching iron ore players with interest only atm . Obviously...
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Last
$17.01 |
Change
-0.330(1.90%) |
Mkt cap ! $52.37B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $16.98 | $102.9M | 6.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 108939 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 1750 | 1 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |