When ever the divvy is announced the stock will go back further than the divvy so if its $1.20 then the stock
will fall by that much or more. Not always though but in general that is what happens.
I am only here for the dividends and franking credits. I ride the ups and downs of FMG.
Best time to buy is in market corrections or big stock market crashes.
If you are young enough then think 20 years into the future FMG will be over $100 a share.
I'll wait for the next big crash before I jump back in.
Lithium stocks are free falling due to spod now down to $910US/T. Nov of 22 they were over $8000US/T.
Its been falling for some time now and it may at some point bounce back up but who knows. EV car sales are not
exactly taking off like they were saying it would a year ago..
Iron ore about the safest stock there is.
BHP losing due to other metals going south so their divvy is down where ours will be higher as FMG is mainly iron ore.
As always each to their own madness.
When ever the divvy is announced the stock will go back further...
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |