Just read this article guys
http://www.business-standard.com/india/news/iron-ore-prices-fall-11-inweekslow-chinese-demand/457410/
For the record I am long on FMG. China & India are not going to stop using iron ore any time soon regardless of what the media says about the 'european crisis'. I would personally see any further selling as an opportunity to add to my holdings IMHO.
is this the worst on the market?, page-45
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |