Held for a long time but rarely post. Doing reasonably ok. Read most posts almost daily to keep in touch with IO movements and news. Thanks lads. No need to name names.
I see that FMG's PE is now ~6, less than half of BHP and RIO. Is FMG undervalued or are the other two ridiculously overvalued? The FMG SP seems to be factored in for an IO going under 60 US bucks. Even the so-called analysts are more positive than this scenario. WTF is going on? Is it the liquidity. I recall a while ago SOHO stating that while the SP had gone up a few bucks, the wild gyrations up and down was equivalent to more than triple the overall rise. Scum bag trading houses must be making a fortune.
Held for a long time but rarely post. Doing reasonably ok. Read...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |