KARA
It doesn't help having the Business almost devote a
whole program to the pitfalls of FMG the night before!
Also the Wall Street Journal gave FMG a bashing yesterday as well.
RE: long term investing in FMG, nothing is written in stone.
No body knows what will happen with the IO price, all we know is right now it looks particularly dismal.
IMO after this recent bounce has run its course we are in for another big fall!
Judging from the cyclical nature of IO price movements, I'd expect the IO price to bottom out sometime in the next six weeks!
After that FMG could become a good buy again, not that I'd be risking it other than my usual in an out trades.
It's all just a big gamble, I really don't understand why you would put your money at risk.
Why not live to fight another day?
KARA It doesn't help having the Business almost devote a whole...
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Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1380 | $21.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 28571 | 3 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |