I’ve been buying FMG with every dollar I can spare, and every dollar I can borrow since $1.80. I sold a big chunk to buy my house- and immediately started collecting again!
somehow I feel the value now at this current share price is just as compelling as it was back then. When shares were $1.80 the debt was enormous, dividends low and there were genuine concerns for the future of the company.
I feel FMG is just as undervalued now as it was then
I don’t ascribe any value to FFI - but every passing day it appears that it will be a massive success and will probably generate enormous value
Iron ore price, page-43370
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Last
$17.40 |
Change
0.140(0.81%) |
Mkt cap ! $52.95B | |||
| Open | High | Low | Value | Volume |
| $17.30 | $17.45 | $17.13 | $40.00M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2282 | $17.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.40 | 8786 | 14 |
View Market Depth
| Last trade - 11.35am 21/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |