FMG 1.39% $17.69 fortescue ltd

Buying Opportunity.

  1. 1,340 Posts.
    lightbulb Created with Sketch. 29
    I am currently reading the intelligent investor. This stock is ticking all the boxes that are listed in that book. Low P/E low P/B low P/S ... The market is scared because of the Iron ore price and that presents a buying opportunity.

    I am wondering if anyone knows of any serious issues that this stock may encounter in the next few years that many people maybe overlook?

    If i'm not mistaken this is a low cost producer and will be able to weather the falling iron ore price.
 
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Last
$17.69
Change
-0.250(1.39%)
Mkt cap ! $54.65B
Open High Low Value Volume
$17.86 $18.00 $17.67 $64.09M 3.582M

Buyers (Bids)

No. Vol. Price($)
36 7420 $17.69
 

Sellers (Offers)

Price($) Vol. No.
$17.70 6866 27
View Market Depth
Last trade - 15.34pm 15/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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