Well Logistics and Mining seems the way they are heading, 2 mega operations in WA Mining Capital of the World and one industry feeds into the other it will be a constant cashflow even if Iron Ore drops off WA has plenty of other Mining resources that need to be transported around the WA province !
I love the future of FEX especially after they finish exploring the scorpion tenement in the exact same geographical and geological location don't be surprised if the next announcement is going to send FEX into orbit, its imminent! FEX is and has a great experienced management team! Atlas Iron ASX: AGO was an iron ore powerhouse Junior producer before Gina Reinhart bought them out FEX is going to do the exact same thing all in perfect timing. Why ? Because the same experienced management team is behind FEX.
Iron Ore prices aren't dropping for a very long time they've just started that uptrend ! China regardless of our current 'trade tensions' need QUALITY Iron ore and Australia needs the money so business is business and always will be but keep in mind China isn't the only country that requires Iron Ore the whole world does! Even the Largest Banking Dynasty on the planet, the Rothchild Family were Jewish and regardless of Hitler's horrible treatment of the Jews in Europe they still kept lending money to the Evil Axis Hitler German Military Regime if you understand what I'm saying! Money has no friends and neither does greed. It's an unfortunate truth but it's reality! 'From Little Things Big Things Grow' Kev Carmody. Apologies for being little philosophical and going into tangent at times but all dynamics have to be taken into account, especially when investing on the ASX and especially analysing different events in history and there impacts on the prices of different commodities . God Bless and have a wonderful day This rocket is just about to take off!
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27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $194.5M |
Open | High | Low | Value | Volume |
27.5¢ | 27.5¢ | 27.0¢ | $38.56K | 142.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 267685 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 122120 | 5 |
View Market Depth
No. | Vol. | Price($) |
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7 | 267685 | 0.270 |
17 | 1165657 | 0.265 |
13 | 605858 | 0.260 |
6 | 267825 | 0.255 |
30 | 645235 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 122120 | 5 |
0.280 | 218063 | 14 |
0.285 | 240843 | 12 |
0.290 | 323555 | 10 |
0.295 | 190391 | 7 |
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