Okay, I've done some further anlaysis.
62% fe CFR previous trough was on 18 November.
Then (Metalbulletin $86.85, Platts $87.20).
Those numbers will again be tested in 4 weeks time around 21 March. That's just the beginning. The gut wrenching ride starts as it plunges to the depths no seen since mid late 2015.
IO prices will have a "5" in front of it. But what about a "4" ?
Don't say I didn't warn you.
Okay, I've done some further anlaysis.62% fe CFR previous trough...
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |