Insto's continue to buy because this company will be a major force in iron ore, sure will have corrections along the way but its an ASX 200 stock and at some point index funds will need to buy, also at some point of time i expect FMG will be taken out my a major resource company such at CVRD,Anglo or teck cominco etc and the price will be i believe alot higher than $15/share.
10 percent down next yr in iron ore, page-2
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |