RBA interest rate cut which will do bugger all.
RBA printing $100b which will do quite a bit. It will lower the currency which means are dividends will be higher.
That been said when Biden wins everything will zoom up so maybe the currency will stay level.
We can only hope the currency falls then our FMG divs will be that much more.
Now have 30,000 FMG shares and that will give me a good income for years into the future.
Interest rates in the banks will be zero so I think many may start investing in stocks like FMG that do great dividends.
All looking very rosy now chaps.
Iron ore price, page-24854
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |