FMG 3.09% $17.34 fortescue ltd

From Credit Suisse, page-13

  1. 1,807 Posts.
    "I just can not see $60 or lower for IO. I think at the very least $100 or more would be the next move. Anything under $1.50 for BCI would be a good buying opportunity. Not saying they can not go lower, just saying that the upside potential is greater than the downside in my opinion. Plus i think the high dividend will remain. You also have to remember BCI is in great shape compared to others. Little to no debt and lots of cash. I even prefer BCI over FMG and think at some point both those stocks will be trading in line with one another. Either FMG will fall a lot more to catch up with BCI or BCI will eventrually rally and close the gap on FMG. Cheers."

    This was your analysis or opinion on BCI thread. I guess I would just have to say thanks but no thanks.
 
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Last
$17.34
Change
0.520(3.09%)
Mkt cap ! $53.38B
Open High Low Value Volume
$17.31 $17.51 $17.00 $309.6M 17.18M

Buyers (Bids)

No. Vol. Price($)
1 300 $17.33
 

Sellers (Offers)

Price($) Vol. No.
$17.35 28897 5
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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