Mining stocks bouncing quite a bit in London.. Rio up 4%. Importantly, copper is bouncing also.
Lets see how this plays out, but we could see another surge with FMG on Friday...
IO stock demonising has reached fatigue point... everyone is over 'IO glut!! IO prices to drop!!!... errr in 2 years time'
The mini GFC for miners is about to reverse itself.
Basically 1 big time short squeeze...
Rail/port sale is key though.. Nev and fellas need to pull this off sooner rather than later.
Mining stocks bouncing quite a bit in London.. Rio up 4%....
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |