I for one am not worried that much about all the hydrogen talk, let's face it FMG core business is iron ore and the sp will fluctuate accordingly.
It's a simple trading strategy for me, buy when you can at lower prices like now grab some great dividends along the way. When the sp increases significantly sell and wait again for the sp to come down again. This works for me so far and if hydrogen takes off welll all the better.
Iron ore price, page-53038
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |