I got into FMG with a view to pay the mortgage off. Have ridden the waves, seen $26.58 thinking hoping to see $30, and retire only to see the SP drop to $14, but same year get $3.58 dividend for the year which was outstanding. decided today to move my sell of 25,000 shares from $21.87 to $21.57 which covered the mortgage. I know it may go higher, but 3 days ago I was seeing $20.06 and thinking it may go to sub $20. I have seen a lot with FMG in 11 years, so 1 in the hand is better than 2 in the bush. was a little upset when the SP went past $21.90 literally 45 minutes past my $21.57 sell, but you can not pick the top and your can not pick the bottom. I am just thankful to have rid myself of debt, and have a fair chunk in the truck of FMG, to enjoy for years to come. As Tomboy sates, it may go to $22-$23, or futher to $$26, but as sure as the sun comes up this magnificainet company which is very liquid will continue to be bounced around, so do your best to get out where you feel comfortable, and reinvest where you feel comfotable. or continue to collect the amaxing dividends circa $2.00 each year, and dont worry a bout the capital. I just chose to use my capital to rid debt in an uncertain world at present. Good luck to you all , FMG rocks. really appreciate all the input and analysis of the posters on this thread especially you TomBoy.
Kind regards
MJAK
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Last
$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B |
Open | High | Low | Value | Volume |
$18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 104054 | $17.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.07 | 4370 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3800 | 17.960 |
11 | 1487 | 17.950 |
3 | 6628 | 17.930 |
1 | 1500 | 17.920 |
28 | 7848 | 17.900 |
Price($) | Vol. | No. |
---|---|---|
18.070 | 4370 | 1 |
18.080 | 270 | 1 |
18.140 | 1700 | 2 |
18.150 | 100 | 1 |
18.160 | 100 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
FMG (ASX) Chart |
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