FMG still making about $100AU profit per tonne.
People forget that the currency is still very low.
Dividend will still be over $1.
IO will go back up when China comes out of its next covid lock down.
Meanwhile my other stock PLS going to start doing dividends and I am more inclined to be buying up
them over FMG as PLS set to make about $4b profit by years end which means a pretty good dividend
which might be better than FMG considering the stock is only about $5 compared to FMG at $16.
PLS going to be the white gold of the stock market and likely the new cash cow on the block.
FMG will bounce back upwards in the coming weeks as IO will end up going back up.
Iron ore price, page-47796
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |