hey 50x
i think you are being too pessimistic.
15 bucks would mean a PE below 5 which makes no sense for a company without debt,albeit 500m and growth options galore .
However none of us can control what the big money does.Banks still overbought,tech stocks ridiculously high and the rest eg ,tls,coles fully priced is my view.
Adding to my Fmg at these low pe and high yields is my mindset .
Gordy
dyor nfa
Iron ore price, page-53564
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Last
$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10105 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 17942 | 8 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |