I’m watching iron ore players with interest only atm .
Obviously the iron price has fallen to more “normal” levels and I would think FMG ( Rio/ BHP) still making a quid as they have for years :
I just feel atm iron hasn’t based out . Evergrande and other Chinese property developers who seemed to build ( and use steel) just for the sake of building are looking very shaky. It seems they are pulling some apartment blocks down now - scrap steel may be useful
FMGs commitment to green energy commendable but will be costly
At some stage I may buy some but will wait
Iron ore price, page-39615
-
- There are more pages in this discussion • 12,943 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
$21.79 |
Change
-1.190(5.18%) |
Mkt cap ! $67.09B | |||
| Open | High | Low | Value | Volume |
| $22.35 | $22.38 | $21.65 | $1.522B | 70.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76120 | $21.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.80 | 17001 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |