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
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |