yes, the highest for years because we were always undervalued. Today's PE of 4 shows the market still expects IO to drop more & FMG will drop with it as we remain ever so tied to the IO price.
Even a PE of 14 is cheap IMO. Everyone is still pricing in the collapse of China...
trailing dividend gross yield is 17.5% i estimate...either way, IO is dropping right now... FMG will drop with it, even it drops to $14 again I'll put in a bucket load.
Iron ore price, page-43476
-
- There are more pages in this discussion • 9,344 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.64 |
Change
-0.125(0.57%) |
Mkt cap ! $66.33B | |||
| Open | High | Low | Value | Volume |
| $22.01 | $22.10 | $21.52 | $83.17M | 3.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 4834 | $21.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.64 | 4966 | 17 |
View Market Depth
| Last trade - 15.20pm 02/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |