@Teddybear123 If your asking if FMG is a sell at $20, I'd say many would have that as a target. But look, with interest rates below 1% for term deposits, dividend stocks will become a safe haven. Now, where can you get 10% plus pa in dividends? Where is the FCF happening? Coal? Oil?
Personally, I don't see a cap happening. I see a re-rate.
Ann: Change in substantial holding, page-21
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Last
$18.28 |
Change
-2.070(10.2%) |
Mkt cap ! $56.28B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.26 | $482.3M | 26.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8480 | $18.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |