Just looking at the brokers response and sure enough, Morgan's is 'cautious on China' due to recent Corona outbreak. China is a dictatorship and if there's one thing they can handle ruthlessly it's Swift lockdowns n testing of huge population. This will be under control faster than the bumpy rollout in Australia.
and whatever the scaling down of need for iron ore headlines are now, those headlines will change overnight. Brazil still can't meet supply..
Price of Iron Ore, page-18
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $218.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.5¢ | $491.2K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 275000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.005 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 31.0¢ | 513675 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| FEX (ASX) Chart |