FMG 2.89% $16.82 fortescue ltd

"I just can not see $60 or lower for IO. I think at the very...

  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
$16.82
Change
-0.500(2.89%)
Mkt cap ! $51.78B
Open High Low Value Volume
$17.11 $17.23 $16.81 $252.2M 14.80M

Buyers (Bids)

No. Vol. Price($)
4 13676 $16.82
 

Sellers (Offers)

Price($) Vol. No.
$16.83 350 1
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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