In my opinion, the share price has already taken into account all the gloom and doom regarding lower iron ore prices and the COVID situation in China. If the share price can weather the storm, any tiny positive news will make the share price jump! China won’t enforce lockdowns forever and the world is hungry for alternative sources of energy so only way is UP for this share price.
Iron ore price, page-48026
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| FMG (ASX) Chart |