"Supply and demand isn't the only issue at play here...."
That's not what i said.
It's the biggest roadblock though (I must emphasize its really the largest component), everything else is tertiary and the RBA will purely trigger rate decisions on inflation figures well before kicking the same can down the road on a government changing negative gearing policy etc.
Iron ore price, page-54235
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.22B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1129 | $19.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 32141 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |