I'm free carry on 36000 afterpay shares... so I've got my original money back slightly faster than on FMG.
to be fair my post was a very clear and honest view as to why i was selling, for the benefit of everyone else to consider it, which is the whole point of this forum.
I still don't like the dynamic of 60+% buyer of the world's iron ore having a huge diplomatic spat with our Gov. it's just wrong to suggest that someone else will buy all that ore considering that like 90% of their steel production is used domestically..... So a fight with your one customer is just too much risk for me vs other opportunities that are safer imo.... like Tesla and Afterpay for 5 years.
GLTAH.. i really hope I'm wrong and China settles down without putting tariffs on iron ore that we can't avoid because there isn't another customer. i can then buy back just before the next dividend
Iron ore price, page-25400
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |