You make a number of disappointing assumptions AnneSid starting with the premise that ‘for an an FMG investor’ I sound very pessimistic.
No - as an FMG investor I see much to like about this company.
However I am trying to be REALISTIC.
Whether iron ore is having the biggest boom or not I stand by my comment; “Plenty of reports are out there saying iron ore prices have topped”
The highly reputed Fitch Solutions (which as I understand has no investment axe to grind) is the most recent of those that I have read.
Before that the WA government;
www.afr. com › politics › wa-s-budget-surplus-swells-by-1...
8 Feb 2021 — The WA government has forecast the price to retrace closer to its long-term average of $US64 per tonne, forecasting an average price of $US65.
And which of the reports I linked or comments I made do you see as “fake news”?
Then you give me financial advice?
You assume I am preaching something and so preach back that I should cash in my shares?
Because it is “a joke” for people to try and look at a situation realistically?
Twelve million, seven hundred and sixty thousand, five hundred and nine shares were sold today AnneSid. Most of them after the announcement.
This is not ‘fake news’ nor is it a joke.
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My view is the market is exhibiting signs of anxiety ....although perhaps the near one and a quarter million shares traded after market were keen buyers wanting to get in before the price surge tomorrow?
cheers
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Last
$18.56 |
Change
0.120(0.65%) |
Mkt cap ! $57.14B |
Open | High | Low | Value | Volume |
$18.34 | $18.68 | $18.30 | $218.7M | 11.78M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 57703 | $18.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.60 | 4301 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 57703 | 18.550 |
1 | 20155 | 18.540 |
2 | 1186 | 18.530 |
6 | 95277 | 18.520 |
2 | 21055 | 18.510 |
Price($) | Vol. | No. |
---|---|---|
18.600 | 4301 | 2 |
18.610 | 26650 | 3 |
18.620 | 15970 | 5 |
18.630 | 500 | 1 |
18.650 | 25989 | 8 |
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