Not a good idea to listen to 'other people', imo... they've been saying that FMG was overvalued since the stock was $4 or so and the analysts have never got this one right, yet people still seem to take them seriously. FMG has always been volatile - 20% swings within the month are not unusual - but the business is sound, simple to understand and very profitable. Doesn't sound like such an enormous risk to me..
Iron ore price, page-32390
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Last
$22.33 |
Change
-0.150(0.67%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.41 | $22.21 | $10.06M | 450.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1156 | $22.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.33 | 834 | 9 |
View Market Depth
| Last trade - 10.14am 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |