Grow up guys
They aren't setting the price. The market is. They didn't set the price when it was $150 either
And if they colluded , which they aren't , they still couldn't fix the price. It's all about supply and demand and the inefficient go broke. Be pleased FMG won't go broke.
The inefficient are closing down. The lower the price the faster that will happen. When they are gone and the market needs 1 ton more the the remaining producers can supply the price goes up.
Only Bill Shorten and his mob of lefties would think they could control this
Grow up guys They aren't setting the price. The market is. They...
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Last
$22.62 |
Change
0.700(3.19%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $131.3M | 5.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 6416 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |