Market has corrections and crashes from time to time.
Dividend will still be good. If buying now yield will be far higher.
Div yield as the share price sits at now is 11.22%
A year ago IO got as low as $92US/T. So far in July IO got a slow as $97US/T.
When panic sets in it can drop hard.
I'll be buying another 10K so thanks to the shorters I will get a bigger dividend yield.
Iron ore price, page-53280
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Last
$18.33 |
Change
-2.020(9.93%) |
Mkt cap ! $56.89B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.26 | $422.7M | 22.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4735 | $18.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.34 | 30500 | 44 |
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| Last trade - 15.52pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |