FMG 2.25% $20.47 fortescue ltd

Iron ore price, page-54647

  1. 3,991 Posts.
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    IO will bounce around a bit more up to the end of the month. Early October
    I expect it to rise above $100US/T and get to $135US/T by years end.
    By then FMG will be about $22 to $25.

    IO up tonight but could be down tomorrow. Its in yo yo mode at present.

    When it eventually get back over $110US/T we are out of danger so to speak.
    Then we can work out what the next divvy might be.

    My sentiment is well could be hold or buy. They say buy in fear.
    Has fear leveled out. We soon find out I guess.

    https://hotcopper.com.au/data/attachments/6455/6455860-f1b13cfe18c9254b685510ac64d15231.jpg

    Last edited by Nolan78: 12/09/24
 
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