FMG 2.57% $26.32 fortescue ltd

Iron Ore under $ 100 ?

  1. 2,444 Posts.
    lightbulb Created with Sketch. 45
    Now that Covid is more or less back in the bov, what do others think of IOP returning to pre Covid levels ? That is in the 80's and 90's
    What will be the drivers to take price well over $ 100 ?
    Maybe Chinese stimulus ?

    Without a good reason to stay up, why wouldnt it revert to pre covid levels ?

    Clearly the $ 200 wont be seen again as world production returns
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$26.32
Change
0.660(2.57%)
Mkt cap ! $80.37B
Open High Low Value Volume
$25.92 $26.32 $25.83 $102.7M 3.931M

Buyers (Bids)

No. Vol. Price($)
2 5850 $26.22
 

Sellers (Offers)

Price($) Vol. No.
$26.32 12010 3
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$26.19
  Change
0.660 ( 1.76 %)
Open High Low Volume
$25.92 $26.29 $25.84 1287651
Last updated 15.59pm 06/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.