Sam not disputing your possible targets however what about the potential announcements on the horizon???
another debt repayment is well and truly overdue.
refinancing better arrangement on remaining debt.
div comes in at like 20-25 cents which solidifies confidence in FMG as a potential yield stock going inot the future
China pollution ban gets lifted in conjunction with ore remaining at like above 70 bucks, fmg is printing money with that scenario
announce some sort of diversification gold or lithium???
combine all this with compelling global economic outlook, trump infrastructure stimulus, American and European markets at all time highs, eg Dow approaching 26000, I know crazy stuff, however at this rate 30000 is not unrealistic if we start to see some effects of tax cuts and trump infrastructure stimulus???
based on above 7 buck or more share price is not out of reach this year.
just my thoughts, could be wrong, but cant be ignored nonetheless
Sam not disputing your possible targets however what about the...
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3323 | $16.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 750 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |