New post. Having read some of the comments, I wonder why the sentiment, is that FMG SP won't turn positive until a profit annoucement? Sure, its ugly at the moment, the "I told U so" mob have come out full force... but then again, they were threr when FMG was trading from $1 all the way to $40...
Is it that hard to say a price prediction and if it goes there in 1 yr?, 2yrs?, 5yrs? and you get credit for it? You dont! It's a BEAR market, everything is down! But if you bet your $$s, a fully operational business with over 6-7Billion US Revenue and a Iron Ore Contracts already set into the near term future looks a better bet than many... profit will come with time. The continuing cashflows from the revenue will drive this, once the fear washes over.. or not!?!?
Good comments Frank and SB2000!!
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Last
$19.58 |
Change
-0.400(2.00%) |
Mkt cap ! $60.22B |
Open | High | Low | Value | Volume |
$19.66 | $19.69 | $19.20 | $118.8M | 6.096M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 15619 | $19.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.58 | 2124 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2813 | 19.580 |
17 | 23124 | 19.570 |
13 | 19263 | 19.560 |
15 | 10067 | 19.550 |
13 | 8501 | 19.540 |
Price($) | Vol. | No. |
---|---|---|
19.590 | 8989 | 12 |
19.600 | 23957 | 16 |
19.610 | 9342 | 8 |
19.620 | 5796 | 7 |
19.630 | 8176 | 8 |
Last trade - 13.47pm 04/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |