Was it Nolan that called a $15 bottom just after FMG went ex dividend ?
Several posters were laughing at the prospect, not me, I think Nolan has been around the market for a long time and so have I.
I did start buying a few in the $17,20 range but then waited for sub $16
I have enjoyed spending today and I anticipate that in a couple of months i will be laughing.
Political pressures, natural disasters and the long time trends of the market will always have a bearing on prices.
As for the future dividends from FMG, I expect them to be at about 70 % of company profits which will be considerably lower for the next dividend cycle with the lower prices achieved and increasing AISC of the mining operation.
Thanks again to Nolan or whoever it was that called a $15 bottom.
Was it Nolan that called a $15 bottom just after FMG went ex...
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Last
$25.66 |
Change
0.090(0.35%) |
Mkt cap ! $79.00B | |||
| Open | High | Low | Value | Volume |
| $25.72 | $25.86 | $25.63 | $77.37M | 3.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11417 | $25.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.70 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$25.72 |
Change
0.090 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.86 | $25.64 | 785342 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| FMG (ASX) Chart |