Dropping like a stone. Broad based rise in commodities overnight, still a slide for iron ore. I read an article about deferral of shipments. Does anyone have news regarding why this has occurred? I assume, given the comments of all major miners and commodity analysts this is not a structural change but a temporary one. Will be an outstanding entry point in FMG if we are close to a bottom. Remember all those short positions need to be covered!!!
Dropping like a stone. Broad based rise in commodities...
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |