Phill, based on the 40% reduction your analysis is spot on. However, remember the chinese are starting the negotiations by asking for 45%, they're not going to achieve their starting position. Additionally as the coming months show more signs and news of improvement in the steel sector in china, the big 3 will drag the negs as long as possible to get a better price. I believe its going to be more like 30%, which will improve the numbers provided by various posters in the thread today.
Dacata, excellent call on the 0.37 support line. I must pay more attention to fibonacci!!!
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- maquarie report 20.01.09 mgx
maquarie report 20.01.09 mgx, page-18
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $389.5M |
Open | High | Low | Value | Volume |
32.5¢ | 32.5¢ | 31.0¢ | $500.4K | 1.571M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 107146 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 60553 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 107146 | 0.320 |
5 | 282587 | 0.315 |
11 | 609387 | 0.310 |
6 | 113300 | 0.305 |
7 | 152730 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 60553 | 2 |
0.330 | 109200 | 3 |
0.335 | 157778 | 4 |
0.340 | 156714 | 4 |
0.345 | 217734 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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