FMG 1.10% $19.76 fortescue ltd

FMG started at 1c in July 30, 1999 and look where its at now, page-5

  1. 209 Posts.
    lightbulb Created with Sketch. 5
    FMG is a great story and stock, but to go and throw 100k down on a 1 cent stock is either really silly/brave, you had knowledge that others didn’t orrrrrrr………

    How come I can’t see the spike in the graph where it goes up to $60?
    Re your comments on Chinas output reducing, my only comment there is that to my knowledge Australia isn’t the only supplier. Therefore if we are just X percent of the total supply per previous years, I would expect that ratio to still remain - no??

    Happy to be wrong or corrected, I genuinely enjoy your enthusiasm but caution is always required no matter the stock.
    As I’ve said previously, I am long term here. This will help fund my retirement therefore fluctuations of cents and a few dollars are irrelevant to me. I’m not selling, only buying more and reinvesting, along with other healthy dividend paying stocks.

    Good luck one and all and am hoping for 17’s again early next week for another purchase!
    Have a great weekend.

 
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Last
$19.76
Change
-0.220(1.10%)
Mkt cap ! $60.84B
Open High Low Value Volume
$19.66 $19.80 $19.20 $191.1M 9.763M

Buyers (Bids)

No. Vol. Price($)
3 4673 $19.73
 

Sellers (Offers)

Price($) Vol. No.
$19.76 31740 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FMG (ASX) Chart
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