You seem to assume everyone bought into FMG at double digit share prices on that basis ….. what about those of us who bought in at $1.69 and have received ten times that in divvies alone since ?
You’ve never been a fan of FMG, which is fine as everyone is entitled to their opinion - all I would say is stop assuming the worst case scenario for FMG shareholders when you determine said opinion …. everyone’s situation is different - just sayin’
Some of us even took a chunk of those $1.69 shares off the table at $20.69 so what does it actually matter if the remaining holding drops by 20-30% …. Plenty of Capital in the tank from previous FMG sale to repurchase shares if they drop to the low teens if we want !
https://hotcopper.com.au/threads/iron-ore-price.3290357/page-25528?post_id=49326651#.YwxSsy1_WhA
Ann: Full Year 2022 Annual Report and 4E, page-10
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Last
$21.86 |
Change
0.070(0.32%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.71 | $192.6M | 8.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 705 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.88 | 1359 | 3 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |