could be that Colin Barnett threatened to lift royalties on the big miners if they continued flooding the market.
"This strategy of the two major producers to flood the market and force the price down, I mean, remember who your landlord is," Mr Barnett said.
Read more: http://www.smh.com.au/business/mini...ce-squeeze-20141009-113ql7.html#ixzz3FdMzYsiY
Dalian futures up strongly, I believe IO will break through $80/t mark tonight
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Last
$18.63 |
Change
0.320(1.75%) |
Mkt cap ! $57.36B | |||
| Open | High | Low | Value | Volume |
| $18.48 | $18.77 | $18.35 | $132.7M | 7.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26 | $18.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.64 | 7889 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |