As per CBA report the price of iron ore is already high and will only go down from here. And they have taken stimilus injected in Chinese economy, war in Russia.
Beacise of inflation, people are not buying and the economy will certainly stall. A crash is comming and and the only way to avoid a temporary crash is to inject more money in the economy but that will delivwr more inflation.
Price and Chart HIO, page-3756
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $21.34M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $15.99K | 761.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 120953 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 756737 | 5 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| HIO (ASX) Chart |