I think you are wrong as the government still have an inflation problem. Inflation just started to coming down so it’s way too early to talk about stimulus. They do a big stimulus now all hell will break loose.
This is going to be a very tough few days hence watch and see what happens is king
I am now fully expecting FMG to fall to $15 in line with border market. Which again presents excellent buying opportunities if it does
Iron ore price, page-53563
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |