I've attached two charts, of FMG and BHP versus the Fe spot price over two years. It helps to get a true perspective on what is happening;
It looks like FMG has swallowed its bad medicine, but BHP may have more to take? Or else BHP price is anticipating a rise in the Fe spot price?
Reality Check, page-26
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Last
$21.77 |
Change
-0.050(0.23%) |
Mkt cap ! $67.25B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $82.11M | 3.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 13652 | $21.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 4648 | 31 |
View Market Depth
| Last trade - 15.36pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |