Not a good idea to listen to 'other people', imo... they've been saying that FMG was overvalued since the stock was $4 or so and the analysts have never got this one right, yet people still seem to take them seriously. FMG has always been volatile - 20% swings within the month are not unusual - but the business is sound, simple to understand and very profitable. Doesn't sound like such an enormous risk to me..
Iron ore price, page-32390
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |