Sad times, boys and girls. Huge crash in SP due to iron ore, but I view this as an up and coming energy company looking to enter the market. Andrew Forrest has already taken on the big iron ore companies and created one of the most efficient producers in Aus, now he has specifically stated he wants to do the same in the energy market and take the big boys on. He bought even more shares not long ago at $19 and has spent close to 2 years scoping the world out and buddying up with ScoMo. We might crash back down to the low teens or hold here, but fingers crossed we've got decades to go with rising dividends.
Iron ore price, page-35868
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |