The underlying question is how much further can IO fall?
let's assume China is shifting away from propped up real-estate driven growth which wasn't sustainable.. and let's assume it can manage the pain
so where does this leave IO price?
and as many on here have said once IO price gets to a certain level it becomes unprofitable for some miners. so there's a safety net of sorts for FMG..
but i don't have the almanac, its gotta be close to bottom if not there already..
?
The underlying question is how much further can IO...
-
- There are more pages in this discussion • 1,608 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.12 |
Change
-1.430(7.31%) |
Mkt cap ! $55.79B | |||
| Open | High | Low | Value | Volume |
| $18.76 | $18.85 | $18.12 | $253.5M | 13.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14492 | $18.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 25635 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |