I'd love a retrace to buy more as well but I don't think it will happen. Even if the upcoming dividend is only $1.00 (Most seem to expect $1.20+) it's still a 5% odd return on today's price for a two month hold. 5% for 2 months - pretty good return as far as I'm concerned. So I'm not selling and will hold as I do believe with the price of Iron Ore getting closer to $150 a ton we should be north of $30. DYOR
FMG Technical Analysis, page-5817
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Last
$19.56 |
Change
0.055(0.28%) |
Mkt cap ! $60.47B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $141.1M | 7.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4564 | $19.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 17087 | 27 |
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| Last trade - 15.26pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |