Next dividend announcement will be August 28 which will see it fly for a few days
then the dreaded ex div date comes along and the stock will fall by about the amount or more
of he dividend. Then shorters pull it down for a few more days and the media helps with that
to get it down further then the rise as bargain hunters pour back in.
Its a cycle I've seen over many years. Only 1 year it went higher as back ten IO was above $200US/T.
IO is down but it was down lower this time last year.
Iron ore price, page-53859
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |