FMG 1.91% $21.62 fortescue ltd

Further losses expected on Monday as pessimism persists in this...

  1. 10,250 Posts.
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    Further losses expected on Monday as pessimism persists in this space following further losses in copper last week and IO retesting recent lows and not looking promising to be honest to hold this level... on the flip side a further decline in IO is the "base case" so theoretically the market should be unsurprised, but it doesn't work that way in reality:

    https://hotcopper.com.au/data/attachments/6326/6326211-5e809f0ff67f7438864b1ba4f6e7ecbe.jpg
 
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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