wheather world growth is slowing or not, doesn' really affect FMG. its pre sold all production upto 100 MTPA, which they dpn't even have the capacity to dig it out of the ground yet! its all about china, closely followed by india... even if chinese grwoth slows 2% it will still be mightly hungry for iron ore. not much long term risk getting in at these prices. patience is the key. analyst predict another 18% hike in iron ore prices in the coming year by the way.
but i don't mind you selling me your shares <$5! lol! :-) things we'll come good!
wheather world growth is slowing or not, doesn' really affect...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.18 |
Change
-0.090(0.49%) |
Mkt cap ! $55.97B | |||
| Open | High | Low | Value | Volume |
| $18.26 | $18.41 | $18.18 | $200.9M | 11.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6678 | $18.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 70000 | 3 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |