FMG 1.20% $21.41 fortescue ltd

a very good story

  1. 25 Posts.
    I agree with most, except that frigginmost guy. This is a very good stock one that I bought into a couple of weeks ago at 29.20. I work in the industry and I can assure you that FMG is both well managed and well supported. Russian billionaires don't invest and offer to further invest if they do not think the stock has good legs. They may increase their stake to 15% or more but the real opportunity will come from exploration upside ( and they have massve potential in this regard) and in either Rio or BHP getting annoyed at their interference. They do not want a 3rd player of this size and backing. I was tinking of selling around now but after recent events I will hang around for a little longer yet. All the best to those who are holding.
 
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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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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