FMG 0.76% $18.54 fortescue ltd

Iron ore price, page-53561

  1. 3,517 Posts.
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    When stock market crashes hard the governments at some point do stimulus packages
    to stop the bleeding. That may take a few days or a week or so before they act to stop
    the carnage.

    I'll be holding my FMG but selling my PLS as spod prices keep falling and soon they'll be down below cost
    and as other lithium miners here in Australia and elsewhere have stopped production its only a matter
    of time before PLS stop then that stock will fall even harder.

    How far will the IO stocks fall today is the big question. Will IO price rise or go lower like the currency is doing.
    So sell my PLS let it all drop then buy cheaper FMG shares when it levels out.

    FMG still making many billions and I see that going well where PLS are soon to be in strife.
    Think PLS will drop low $2 or maybe under $2 soon. I am still ahead on PLS and rather sell
    while I am ahead and can get cheap shares later for PLS.


 
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Last
$18.54
Change
0.140(0.76%)
Mkt cap ! $57.02B
Open High Low Value Volume
$18.40 $18.68 $18.34 $73.01M 3.948M

Buyers (Bids)

No. Vol. Price($)
10 3096 $18.54
 

Sellers (Offers)

Price($) Vol. No.
$18.55 6542 14
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Last trade - 13.05pm 06/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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