I agree and think a lot of people would be tempted to pull the buy trigger currently. Near impossible to pick the bottom, just got to buy some when you think it's good value. For me that was on Friday and if it drops another 20 cents ill grab some more. Currently paying a div of around 5.5%. Sure the div will most likely be cut if IO stays low but if it recovers somewhat and the world doesn't end then you get your 5.5% div plus a decent chunk of capital gain. That's the plan anyway.
iron ore price, page-88
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |