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
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |