Well done & thanks as always Muddy.
Context is a wonderful thing.
It shows that this half is tracking for another whopper profit.
Don't watch the speculation that occurs with the SP.
The fundamentals are just fabulous.
I feel with the recent turn around in the daily IO prices, it's only a matter of time before we see some big insto action grabbing bigger parcels.
Due to energy rationing in China I hear that the arc furnaces in are being restricted more heavily than blast furnaces. Scrap demand likely to suffer and impact iron ore positively.
Iron ore price, page-39206
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Last
$26.77 |
Change
-0.220(0.82%) |
Mkt cap ! $82.42B | |||
| Open | High | Low | Value | Volume |
| $26.70 | $26.82 | $26.48 | $81.59M | 3.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1694 | $26.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.77 | 15336 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$26.79 |
Change
-0.220 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $26.70 | $26.81 | $26.48 | 685458 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| FMG (ASX) Chart |