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
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $391.8M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 33.0¢ | $117.7K | 353.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 76463 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 186565 | 14 |
View Market Depth
| Last trade - 12.29pm 02/04/2025 (20 minute delay) ? |
| MGX (ASX) Chart |