Macro still beating and broken drum Re: IO is doomed based on one Chinese property chart. I read it every day. Plenty of logic in their arguments, but they can't factor in the Chinese data BS factor. I just can't trust the potential for downramping given the CCP must have major influence over day to day commodity decision making. All IMO
The only numbers you can trust are the 4c results and bluechip company outlooks.
Iron ore price, page-48238
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Last
$24.05 |
Change
-0.275(1.13%) |
Mkt cap ! $74.37B | |||
| Open | High | Low | Value | Volume |
| $24.34 | $24.35 | $24.00 | $65.87M | 2.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 11372 | $24.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.05 | 14005 | 19 |
View Market Depth
| Last trade - 14.28pm 05/06/2024 (20 minute delay) ? |
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Last
$24.04 |
Change
-0.275 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| $24.34 | $24.35 | $24.00 | 628031 | ||
| Last updated 14.45pm 05/06/2024 ? | |||||
| FMG (ASX) Chart |