Quick snapshot of where I think we are, just an approximation. If IO hold at $140, should be a large second half dividend of $1.89ish.
Fair value back at $22.00 for mine. But honestly, I think the future outlook for commodities is much stronger than the market is currently anticipating. We make continue to get these short term fluctuations, but long term I think the upward trend in this cycle has us heading much much higher. Short term target of $22.00 but long term we could be be pushing double that.
Iron ore price, page-44203
-
- There are more pages in this discussion • 8,495 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9760 | $21.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.27 | 7866 | 4 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |