many on here know far more on IO price behaviour than I. Having said that I have been following FMG since $3 days and can say that no-one has ever been able to accurately predict the IO price
in fact, when the big players predict its heading south, it usually does the opposite
all eyes on King Xi at the moment... come on the Stim pack
rates heading south in the u.s
likewise in other regions
all points to greater spending and consumption
(as long as this bubble doesn't pop - we're good to go)
p.s. short answer is yes, IO could go down too
Iron ore price, page-52968
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$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |