Unless the Iron Ore price collapses then there is no way FMG’s price will collapse back to GFC levels. Dalian IO futures closed at their highs on Friday, up 3.63%, then Friday night IO put on another 1.4% so Monday should be a positive day for IO producers as it looks like IO has found a bottom and tracking up again. The trade war will force the 2 biggest economy’s to spend more money on infrastructure building which is positive for IO. The companies which will be hit hard tomorrow are the high PE stocks, eg some of those Tech stocks with crazy valuations.
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Last
$25.70 |
Change
0.510(2.02%) |
Mkt cap ! $79.12B |
Open | High | Low | Value | Volume |
$25.58 | $25.78 | $25.39 | $142.8M | 5.570M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1 | $25.63 |
Sellers (Offers)
Price($) | Vol. | No. |
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$25.75 | 3050 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 25.630 |
1 | 250 | 25.600 |
1 | 500 | 25.570 |
1 | 45 | 25.510 |
2 | 5021 | 25.500 |
Price($) | Vol. | No. |
---|---|---|
25.750 | 3050 | 3 |
25.770 | 5000 | 1 |
25.780 | 9000 | 5 |
25.790 | 3595 | 1 |
25.800 | 21934 | 14 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
$25.73 |
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Change
0.510 ( 2.20 %) |
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Open | High | Low | Volume | ||
$25.57 | $25.78 | $25.39 | 738887 | ||
Last updated 15.59pm 29/03/2024 ? |
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FMG (ASX) Chart |