@Gordy56 ETF is just another guy who missed the boat on FMG during COVID, and wants to load up 200,000 shares at $15. He's repeatedly stated that.
Obviously has cash to invest. People like that think they can help talk the stock down, but as Buffet said “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Right now FMG fits Buffet's first profile. Betting on the IO price back at $80 and FMG at $15 or sub is a pipe dream. Times have moved on.
Iron ore price, page-52879
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Last
$20.38 |
Change
0.620(3.14%) |
Mkt cap ! $62.81B | |||
| Open | High | Low | Value | Volume |
| $19.91 | $20.50 | $19.90 | $135.3M | 6.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 30044 | $20.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.38 | 4498 | 10 |
View Market Depth
| Last trade - 15.52pm 07/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |