Weekly chart of fmg, bhp, rio from December 2013. Tell me which stock has only recently started breaking support from a range since Dec 2013 and which one has been trending down rather than rangebound most of the year. Does that tell you broadly speaking FMG receives their ore with a better margin then the other 2 players? I don't have a chart of Vale to increase the sample size for comparison. End of the day the market is always right even though you think it is dumber than the sophisticated analyst or have been using inferior accounting information regardless if you "think" evil shorters are manipulating the SP. They can equally stomp on bhp/rio just as aggressively but why aren't they?
we need a International Commodities Council / committee .. as Every commodity should be negotiate, page-7
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Last
$24.43 |
Change
-0.350(1.41%) |
Mkt cap ! $75.18B | |||
| Open | High | Low | Value | Volume |
| $24.38 | $24.51 | $24.16 | $74.16M | 3.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2411 | $24.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.43 | 1710 | 14 |
View Market Depth
| Last trade - 13.52pm 04/06/2024 (20 minute delay) ? |
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Last
$24.42 |
Change
-0.350 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| $24.37 | $24.50 | $24.16 | 490633 | ||
| Last updated 14.09pm 04/06/2024 ? | |||||
| FMG (ASX) Chart |