FMG 0.48% $21.72 fortescue ltd

Iron ore price, page-44203

  1. 7,390 Posts.
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    Quick snapshot of where I think we are, just an approximation. If IO hold at $140, should be a large second half dividend of $1.89ish.

    Fair value back at $22.00 for mine. But honestly, I think the future outlook for commodities is much stronger than the market is currently anticipating. We make continue to get these short term fluctuations, but long term I think the upward trend in this cycle has us heading much much higher. Short term target of $22.00 but long term we could be be pushing double that.

    https://hotcopper.com.au/data/attachments/4173/4173318-fe4748c10ba3128268685d45341f8da8.jpg
 
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$21.72
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$22.18 $22.18 $21.70 $59.22M 2.694M

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No. Vol. Price($)
13 4975 $21.71
 

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Price($) Vol. No.
$21.72 3217 18
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