IO down a tad overnight.
Based on US ADR pricing:
- BHP expected to open at $38.68 up 2.4%
- FMG expected to open at $16.43 down 0.3%
- RIO doesn't have a convertible ADR.
I note with FMG's ADR it droped a lot at the close, something which BHP and RIO didn't do. Prior to the close the ADR was at $22.60 which converts to $16.66 or a gain of 1.2%.
I think FMG will do a lot better than that.
Iron ore price, page-46083
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Last
$22.57 |
Change
0.470(2.13%) |
Mkt cap ! $68.93B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $44.68M | 1.989M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 14712 | $22.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.58 | 5673 | 15 |
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| Last trade - 13.00pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |