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
$21.86 |
Change
0.070(0.32%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.71 | $192.6M | 8.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 705 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.88 | 1359 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |