Australia's largest stock trading and investment forum Australia's #1 stock forum

AIS

Click for more information

7.46%

31.0¢ aeris resources limited

cheers, might be time to revisit my old friend FMG

First 793 Last

Share
Profile

Follow
Ants66

850 Posts.

162

17/09/21

13:43

Post #: 56149793
Share

Originally posted by Exised ↑

Still in there buying up. People become stupid when all they look at is the SP. At 3.8 PE and probably much lower today this it is cheaper than AIS at 10c at the beginning of this year...

As for the Iron ore price which got the market rattled at the moment...at $100 a (ton worse case) FMG is pretty much still minting it. And here is the big kicker. Chinas commodity rattling (Cu, Fe and Coal in particular) puts their very own mines uneconomic (In China itself, and their investments in South American and African mines) sooner than most of the Australian miners with lower cost.... they will need to back off but in a way to not lose face and with Evergrande and their bonds wobbling again they will need to do it sooner than most think.... i.e. the FMG and commodities pain will be over soon enough I would say within the next 6 months... again it all boils down to personal timeframes.

Expand

cheers, might be time to revisit my old friend FMG

AIS Price at posting: 18.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,260 more messages in this thread...

First 793 Last

Add AIS (ASX) to my watchlist

(20min delay)
Last 31.0¢		Change -0.025(7.46%)		Mkt cap ! $314.4M

Open	High	Low	Value	Volume
33.0¢	33.5¢	30.5¢	$873.9K	2.752M

Buyers (Bids)

No.	Vol.	Price($)
17	197101	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
31.5¢	157452	12

View Market Depth

No.	Vol.	Price($)
16	195301	0.310
22	306460	0.305
20	451763	0.300
16	547928	0.295
13	194166	0.290

Price($)	Vol.	No.
0.315	157452	12
0.320	340615	10
0.325	142649	10
0.330	81894	11
0.335	61808	4

Last trade - 12.55pm 22/05/2024 (20 minute delay)


Last 30.8¢			Change -0.025 ( 7.99 %)
Open	High		Low	Volume
33.0¢	33.0¢		30.5¢	2597285
Last updated 13.34pm 22/05/2024 ?

AIS (ASX) Chart

SPONSORED BY