FMG looks a tad over priced.
High iron ore prices, and the promise of a green business, combined with government stimulus, is driving an unrealistic share price IMHO.
You would have to be a fairly brave investor to put part of your life savings in at these levels. The 2008 peak is a historical indicator of what to expect.
FMG looks a tad over priced.High iron ore prices, and the...
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Last
$16.46 |
Change
0.160(0.98%) |
Mkt cap ! $50.18B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.58 | $16.42 | $17.03M | 1.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 251 | $16.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.47 | 5742 | 11 |
View Market Depth
| Last trade - 10.20am 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |