Lets see:
Commodity prices are cyclical, lets not beat around the bush, and IRON ORE WILL BE IN HIGHER DEMAND in the next few years- I don't prescribe to the doom and gloom painted by these so called analysts,, they have got it wrong for the past 2 years.
Lithium will be the next commodity to be added to FMG portfolio
We are entering into an inflationary period
FMG Debt will be paid down
Dividends will increase.
All and all- I have one more than thing to say- FMG will be $10 in 3 and $30 in 10. If this is not good value, then I don't know what is, if your investment horizon is the time frame of a blow fly, then I can't help you, but I am thinking medium to long term.
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- $10 in 3 years, $30 in 10
$10 in 3 years, $30 in 10
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B |
Open | High | Low | Value | Volume |
$21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93 | $21.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.41 | 12657 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93 | 21.400 |
2 | 3150 | 21.350 |
1 | 200 | 21.330 |
2 | 1046 | 21.320 |
1 | 1000 | 21.310 |
Price($) | Vol. | No. |
---|---|---|
21.420 | 1200 | 1 |
21.450 | 1500 | 1 |
21.510 | 2020 | 1 |
21.520 | 951 | 1 |
21.530 | 1500 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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