Farmboy, you are spot on.
I continue to hold a large parcel at average cost of $4.15, and was tempted to sell some yesterday.
Call it greed or stupidity, I believe FMG in the not to distant future, subject to debt reduction and IO price not falling below $100.00mt realised selling price that a sp of $7.00 is not a fantasy, especially if they increase dividends as promised
I am still concerned about the Formosa deal and funds that are to be received to repay $500m in debt, maybe tomorrow's report will shed some light on this?
last price $5bucks, 12mth high $5.47, page-29
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |