Nothing worse than holding a stock that is simply disliked by the market. And worse when its peers (same industry) seemed to get all the love. FMG up 3% and we are down 3%. How the once mighty have fallen.
The market has absolutely NO TRUST that they will ever get a return on their investment. Regardless of the growing cash on the books.
The only thing that could turn this around is Iron ore going to $200/t or they miraculously announce a smart acquisition which still allows for a 30% dividend payment capital plan going forward.
Nothing worse than holding a stock that is simply disliked by...
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Last
44.3¢ |
Change
0.003(0.57%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 44.0¢ | $67.06K | 151.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 177927 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 363436 | 9 |
View Market Depth
| Last trade - 12.21pm 07/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.003 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 44.0¢ | 32302 | ||
| Last updated 12.31pm 07/05/2024 ? | |||||
| MGX (ASX) Chart |