FMG 0.67% $22.10 fortescue metals group ltd

IO price heading into 70's

  1. 43 Posts.
    From Reuters

    "SINGAPORE, Sept 19 (Reuters) - Shanghai steel futures fell more than 2 percent to a record low on Friday and were headed for their sixth straight weekly fall amid sluggish demand in top consumer China, putting more pressure on prices of raw material iron ore."

    http://in.reuters.com/article/2014/09/19/markets-ironore-idINL3N0RK1AW20140919

    At this momentum, IO spot will be into the 70's next week. At break even at 78, I wouldn't be long on FMG.
 
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Last
$22.10
Change
-0.150(0.67%)
Mkt cap ! $68.04B
Open High Low Value Volume
$22.25 $22.30 $21.66 $243.5M 11.02M

Buyers (Bids)

No. Vol. Price($)
3 99383 $22.10
 

Sellers (Offers)

Price($) Vol. No.
$22.16 35632 1
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Last trade - 16.10pm 05/03/2021 (20 minute delay) ?
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Last
$22.08
  Change
-0.150 ( 0.19 %)
Open High Low Volume
$22.24 $22.30 $21.68 4029088
Last updated 15.59pm 05/03/2021 (live) ?
FMG (ASX) Chart
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