Yep, for sure.
And remember, if the 62% fe price continues to decline, this will just increase the demand for the better quality grades at 65%+, which should result in an opening of the price gap between the 62 and 65% fe prices - currently sitting at around +9-11% for the premium.
The AUD at 67.2 also helps us as well.....
Happy to be holding for now.
Yep, for sure.And remember, if the 62% fe price continues to...
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Last
32.3¢ |
Change
-0.003(0.77%) |
Mkt cap ! $395.6M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.3¢ | $100.6K | 309.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 342045 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 31020 | 7 |
View Market Depth
| Last trade - 10.49am 09/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |