it is hard to buy against the tide just a matter of looking beyond the immediate carnage, markets are pricing in worst of all worlds with inflation and economic growth. I figured iron ore would be somewhat immune to this kind of correction given pricing is more structured, seems not. Now even IF China slowed to ZERO growth that is still a huge appetite for resources...and that won't happen. I think we are nearing the bottom for now but that might be famous last words.
the games begin, page-11
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Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $371.6K | 1.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 244726 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 266520 | 7 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |