People worry to much in here.
IO is way above $200US/T.
Dividend is going to be massive at about $2.25 to $2.50 per share.
Market always dips leading into June 30 and then takes off again in July.
Stock will be back at $27 in the coming few months.
There is always dips but longer term it goes up steadily.
The next 5 to 10 years and this stock will be above $100
By then FMG will be selling green hydrogen, green steel, green ammonia
to the globe and making far more money than they do now and our dividends
could well be about $10 or more a share.
FMG will end up being our biggest company ever. They'll pass BHP and RIO.
BHP and RIO should have taken over FMG years ago with a buy out when FMG was struggling
in the early years.
Iron ore price, page-31914
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Last
$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |