Those predictions are useless and based on a concrete value for IO.
Probably the same mob saying AGO was going to $10 a few years back. Burnt fingers anyone? Last time I checked they were 2 cents.
Fmg is great as long as iron ore holds. Equally all the big 3 are. But when it turns, FMG will be the most volitile on the way down as seen time and time again.
Iron ore price, page-2542
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Last
$22.04 |
Change
-0.320(1.43%) |
Mkt cap ! $67.86B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $21.98 | $158.0M | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39363 | $22.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.05 | 1722 | 4 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |