Pressure is on the Chinese

  1. 496 Posts.
    Chart below shows why BHP & RIO are content for the IO price to hover around $70 for awhile. It is the high cost Chinese IO they want out of the market. With the AUD holding down in the mid 80's, it is all looking under control. ARI and FMG not going out the back door any time soon.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.86
Change
0.040(0.18%)
Mkt cap ! $67.30B
Open High Low Value Volume
$22.18 $22.18 $21.69 $119.2M 5.445M

Buyers (Bids)

No. Vol. Price($)
3 14450 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.87 152 1
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.