A$ high was around US$1.10??
I don't know what you are smoking but it is certainly not helping your clarity.
The A$ snuck past parity betwen 2011 and 2013. In late 2015, it briefly dropped below 70c.
https://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y
The worldwide consumption of ore remains strong, regardless of how much of that China consumes. FMG is the producer of a substantial percentage of the lowest cost ore.
Trump Tariffs hit Chinese steel, page-52
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Last
$24.06 |
Change
-0.060(0.25%) |
Mkt cap ! $74.07B | |||
| Open | High | Low | Value | Volume |
| $24.33 | $24.40 | $24.06 | $125.3M | 5.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15050 | $24.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.08 | 1800 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$24.10 |
Change
-0.060 ( 0.45 %) |
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| Open | High | Low | Volume | ||
| $24.32 | $24.40 | $24.07 | 1813032 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| FMG (ASX) Chart |