Awesome company, awesome figures - I have held FMG since 2007 on/off when shortly after it first became an exporter of Iron-ore. Eventually cashed out and bought back in again during the a little too early before the 2016 slump onTwiggy's perceived dodgy Chinese debt deal - they knew the benefits of securing a good iron-ore supplier. Admittedly sold out far too early again into this rally.
Fortiscue is a fantastic company, (going to make me unpopular) but retail shareholders understandably excited looking at Fortiscue's quite fanastic business metrics should be at least cognisant of buying at possibly the top of the Fed cash bonanaza commodity cycle:
Ann: June 2021 Quarterly Production Report, page-23
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |