Always best to get the cash. Share price is mainly below Reinvestment Plan.
I think give it time and we'll be back at $22 a share and then top up and then watch the stock rise.
Just like BHP/RIO FMG get to a point they can't go any higher and drop back.
Iron ore going south at present so top up time will be when IO gets in the $90US range before it starts to rise up again.
Buy in fear and sell in greed although I just hold and love the franking credits each year and no tax to pay.
Always best to get the cash. Share price is mainly below...
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Last
$16.18 |
Change
-1.520(8.59%) |
Mkt cap ! $49.72B | |||
| Open | High | Low | Value | Volume |
| $16.25 | $16.27 | $16.07 | $81.81M | 5.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 7366 | $16.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.19 | 10218 | 39 |
View Market Depth
| Last trade - 11.28am 04/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |