The worries about the Fed raising rates are hitting the market, but people forget that Commodities are enjoying a significant period of sunshine. We aren't immune to the rest of the world but our fundamentals scream buy imo. Anyway. Futures kicking long bombs on the run outside of 50m on tight angles at speed the way Mark Mercuri used to kick em for the Dons back in the day, splitting the middle of the goals in impossible fashion.
And what's more the Winter Olympics haven't even started
Xi Jinping has already signaled to the market he is going to put economic growth back on the agenda in a big way, I think pollution & climate change will take a long back seat for the majority of the next few years. FMG are in the box seat.
I'm buying this dip & a few other well managed FE organisations that are run by Aust. cheers
Iron ore price, page-42804
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |