DVP 1.53% $2.58 develop global limited

What on earth are you talking about?FMG in 2021, like any other...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 756 Posts.
    lightbulb Created with Sketch. 358
    What on earth are you talking about?

    FMG in 2021, like any other iron ore producer, went through the roof because the price of IO went through the roof!
    Probably to prices that we will never see again.

    However, in 2018, the IOP was barely above $60USD - and much lower for FMG quality ore.

    So, you credit Twiggy for being able to get the shipments out in ‘21 when IO was breaking records but you can’t blame him when the IOP a couple of years earlier was nothing fancy.

    Why can’t Investors very much blame the person running the stock they’ve invested in if the stock’s performance does nothing, or worse, goes backwards, over a substantial period?

    If you don’t want to lay blame on William, then who and or what do you blame for the fall in the SP?
    Or is today’s value actually more accurate whereas when it was trading well above $3 or even $4, you’d say that was all just over-inflated hype and the stock should never have been worth that much?
 
watchlist Created with Sketch. Add DVP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.