FMG 1.17% $17.73 fortescue ltd

fmg forcast $8.33 p/s, page-9

  1. 13,518 Posts.
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    I remember watching the stock analist from Phat Phrofits , excuse my spelling, back in Nov 08 when the markets were in a deep black hole and FMG was probably Jumping from $1.80 to the low to mid $2's .........he said FMG would never see $13 again as that was grossly overvalued (then ) but his current valuation was $6. I was impressed with his confidence and started buying FMG with all the play money i had .

    I think his name was Angus >?? something or other,just by pasting his words in my hat,and trading what i saw as FMG's price range i owe him thanks for appr 100k...

    It was the only share i traded for 6 months, lived and breathed it, all my eggs in the one basket and watched that basket like a hawk.

    Went to bed one night down $14.000, next day got it back along with $14.000 profit, bought one day too early.

    Not sure why i told you all that ???????? probably because i too believe FMG's value is $6. and thats only half way back to where it was at $13. And FMG has moved forward since then.

    I would like to see the same guy's ( Angus)valuation now.





 
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Last
$17.73
Change
-0.210(1.17%)
Mkt cap ! $54.59B
Open High Low Value Volume
$17.86 $18.00 $17.67 $106.1M 5.956M

Buyers (Bids)

No. Vol. Price($)
1 3136 $17.73
 

Sellers (Offers)

Price($) Vol. No.
$17.76 10562 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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