IMO they should just stick to iron ore mining. Its what they know so why change it. When the current IO cycle ends then I'm sure it won't be the only commodity at the bottom so jumping ship won't change the result.
You mentioned the sp hasn't increased much in the big 3 but have a look at their divs as in the end that's what the investors in these stocks are chasing as they are more long term. FMG is over 10%. Massive.
IMO they should just stick to iron ore mining. Its what they...
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $260.4M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.0¢ | $1.270M | 3.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 53759 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 447513 | 10 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |