Last week business news around Australia was that retail sales were down and expect a bad reporting season
with JB HiFi and others. Well yesterday JB HifI had such a great year their dividend was 80c.
Just illustrating the nonsense in our news media.
The miners will have had a very good last year too.
FMG does get belted as does PLS leading up to reporting season where
both get smashed. To many shares for both these good companies and why the share
price is so volatile.
BHP and RIO is the same last few months have not dived like PLS or FMG has.
Shorters love to target my two favourite stocks.
SVW when the share price was low 4 years ago at over $4 a share started buying up shares and now
its far more stable where it hovers around $37 a share even though the dividend is around 20c.
Reporting season for FMG is August 28 then she'll fly north again.
Iron ore price, page-53730
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Last
$17.51 |
Change
-0.650(3.58%) |
Mkt cap ! $54.83B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.45 | $116.5M | 6.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 8194 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 11006 | 16 |
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| Last trade - 14.54pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |