Krudd world:
prices won't go up, commodity prices won't go up, more tax will encourage more production. More money for me and my 747.
Real world: supply is being choked. Twiggy's bankers are refusing to open new mines. Supply IS turning down. The crunch WILL flow on to commodity prices and consumer prices. Bad for Australia. Flight of capital and AUD turning down will make it worse for us.
These so called economics academics should take their own economics 101 class. Price depends on supply/demand.
The Rodney Dangerfield movie "Back to school", is very funny but true. Economics professor living in "fantasy land".
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Last
$16.34 |
Change
0.010(0.06%) |
Mkt cap ! $50.31B | |||
| Open | High | Low | Value | Volume |
| $16.35 | $16.49 | $16.31 | $52.67M | 3.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76274 | $16.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.37 | 16100 | 2 |
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| Last trade - 16.13pm 07/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |