BHP, RIO and FMG will be exporting more IO due to expanding port access.
IO price could get as low as $85US/T before it rebounds.
I'll be looking to buy another 9000 shares and yes I will post the confirmation PDF
like I always do.
Timing is the thing.
At some point bargain hunters will buy back in.
Its a timing issue for me. I'll try and buy before August 28.
IO is really low now. Last year it got to $88US/T.
Is it going to get that low again is the big question.
Iron ore price, page-53866
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Last
$17.49 |
Change
0.300(1.75%) |
Mkt cap ! $53.85B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.56 | $17.13 | $141.9M | 8.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 286 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.49 | 26714 | 5 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |