Russellj,
Got exactly the same plan as you!
I'll be looking to put a large chunk of my SDL holdings into FMG, FMG seems like the best iron ore play on the market and I cant find any other companies on the ASX with the same aggresive growth strategy and proven management who can deliver.
The takeover of SDL also shows us that the Chinese do not expect IO prices to drop like everyone is predicting. So the quicker FMG gets to 155 mtpa the better!
fmg bet, page-7
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Last
$18.88 |
Change
-0.210(1.10%) |
Mkt cap ! $58.13B | |||
| Open | High | Low | Value | Volume |
| $19.25 | $19.26 | $18.80 | $114.8M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2485 | $18.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.91 | 185 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |