Guys,
Good luck with your investments. Fortiscue is an excellent company. Its just very richly priced by most valuation metrics and contrary to the assertions above regards a commodities hedge for inflation, statistically a very poor hedge - the data is consistently irrefutable on that.
Its certainly holding up well today, vs the rest of the market on the US move.
Iron ore price, page-43359
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Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |