i think its a good time to slowly start buying.
so considering the in IO companies like ago , mgx and indian producers will be bankrupt in days.
entry at $5 abd buy for evry 5 % drop.
fmg is here to stay. china is still growing .
ppl still need housing in china and india.
so no worries.
price set by supply and demand. demand still strong . as price falls so will supply and u will have swings.
dont think most producers survive usd $ 60 sub levels for IO.
few can match fmg all in cash costs in the world.
i think its a good time to slowly start buying. so considering...
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |