The share price tells the story. Report will be very soft it seems. Rio shipped less from Port Headland in the quarter and it seems BHP did not, so that leaves the others to share the substantial drop in tonnage throughput between them. After FMG announcing Buy Back early instead of waiting for the meeting day which was only 2 weeks away I am starting to get the feeling that FMG will be the one with the most reduced tonnage to report. Hope the good news outweighs the bad.
Iron ore price, page-8090
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |