FMG 1.32% $19.47 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
$19.47
Change
-0.260(1.32%)
Mkt cap ! $59.94B
Open High Low Value Volume
$19.65 $19.65 $19.37 $126.0M 6.462M

Buyers (Bids)

No. Vol. Price($)
1 1000 $19.47
 

Sellers (Offers)

Price($) Vol. No.
$19.50 24291 3
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Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
FMG (ASX) Chart
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