All in opinion:
Good to see you back mate. Even though I'm currently sold out of FMG at $6 a few weeks ago and missed a higher exit (put into PLS as I saw an opportunity to accumulate) I'm still following FMG and it's fantastic to see you posting again @frankycc.
Good luck holders. IO is looking steady at higher highs meaning higher profits, less debt and don't forget your great Divi.
Wishing you all the best. It will be interesting ST if FMG SP will stay near highs but FMG (Not currently holding) and BCI (Which I still hold) are great LT holds as the global IO market has balanced and the old supply argument worries are a distant memory of 2012-2017. Demand strong... Profits will improve and so will MCs as re-rates occur across the board in the IO space.
Iron ore price, page-10625
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Last
$22.63 |
Change
0.530(2.40%) |
Mkt cap ! $68.93B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $39.34M | 1.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 7261 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 3337 | 8 |
View Market Depth
| Last trade - 12.39pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |