ridiculous comparing to any other company. BHP is a DIVERSIFIED beast. FMG is a one trick pony. It all hinges on iron ore. Attempts are being made to diversify, but whats the rush when everything is so rosy with I/O?!
On the sidelines for now.....attracted by the strongest yield on the asx, just a super tight a$$ wanting this to half (dreaming - for the longs sake, hope it doesnt happen but I wont complain!).
Dont need the divi so sitting waiting for ex, but expecting a solid pullback when the winter olympics in china temporarily stalls production.....
watching closely and waiting.
Happy to make this my no1 holding....its a none sentiment for now due mostly to the massive ex-div pullback, Typical Oct - Jan mkt purge (imho) and who knows what xmas will bring to all inflated global mkts saturated with cheap debt. Bubble needs to burst, but think it should hold strong for a while yet....imho
enjoy the 10% FF yield....wow, amazing returns! will join ur ranks shortly
Ex-Dividend, page-43
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |