FMG 1.20% $21.41 fortescue ltd

Iron ore price, page-45279

  1. 686 Posts.
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    Wow the IO yoyo is doing its thing again today.I have never witnessed such big daily swings in both directions.Usually its trending one way or another but presently the price seems 130ish +/- circa 5% on any day .
    A 130usd average is a fantastic margin expecially as we are back to less discount on the 62%(high 80s) !
    Gordy
 
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