The average analysts is at about $80/t long term and around $15-$17 share price valuation. A $60/t long term average would do some significant valuation damage.
But keep in mind:
- A single buyer to control demand is one thing;
- Supply is another.
Does anyone know of an economic policy China has implemented of late that hasn't backfired?
The average analysts is at about $80/t long term and around...
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Last
$26.94 |
Change
-0.305(1.12%) |
Mkt cap ! $83.22B | |||
| Open | High | Low | Value | Volume |
| $27.24 | $27.25 | $26.88 | $51.59M | 1.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2289 | $26.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.94 | 6699 | 46 |
View Market Depth
| Last trade - 15.06pm 21/05/2024 (20 minute delay) ? |
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Last
$26.95 |
Change
-0.305 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| $27.25 | $27.25 | $26.89 | 430582 | ||
| Last updated 15.24pm 21/05/2024 ? | |||||
| FMG (ASX) Chart |