Not at all - you are one of the handful of exceptions I am referring to.
I've said numerous times that I think FMG has done a wonderful job on cost outs. And that they will get to investment grade in their current configuration. Both views which I think you would recognise.
My sell view on FMG is based on iron ore price fundamentals and more recently the divergence being experienced between price received for the suffering iron ore product quality.
This is taken emotionally by many here.
I've been consistently verballed as saying FMg will go broke, will go back to $1.50 etc. Plus I'm a "bitter sacked ex-employee" courtesy of blackened and spud - who ironically don't seem to realise that this recognises I appear even to them to know what I'm talking about.
Sometimes that's amusing, other times I wonder why I bother posting here as there isn't much worth looking at.
Not at all - you are one of the handful of exceptions I am...
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Last
$18.56 |
Change
0.120(0.65%) |
Mkt cap ! $57.14B | |||
| Open | High | Low | Value | Volume |
| $18.34 | $18.68 | $18.30 | $218.7M | 11.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 57703 | $18.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 4301 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |