The rise from the recent 80 cents to the high of 95 cents - provide lot of incentive for people to take profit. People are nervous at this level - rightly so.
However should the US employment data is in line with expectation - we will have another green night. This in turn will give more fuel for the bull run.
The iron ore negotiations have not been finalised - it would appear that the Chinese would eventually have to accept the same price as the Japanese/Korean - should spot price kept going up. I can't see RIO/BHP backing down at this point.
The rise from the recent 80 cents to the high of 95 cents -...
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Last
30.3¢ |
Change
0.008(2.54%) |
Mkt cap ! $357.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.3¢ | 29.5¢ | $90.12K | 301.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 236278 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 301545 | 14 |
View Market Depth
| Last trade - 13.13pm 07/03/2025 (20 minute delay) ? |
| MGX (ASX) Chart |