Because the media talks crap!
BHP and RIO are mining as much iron ore as they can to absorb as much cash flow/ revenue as possible. End of story the rest is hyperbole and innuendo.
Live IO Prices, page-24
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24.0¢ |
Change
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Mkt cap ! $692.3M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.5¢ | $34.99K | 146.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35210 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 27833 | 2 |
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| BCI (ASX) Chart |