Everybody- pleae don't worry about the shorters. Haven't we all read The Intelligent Investor? Warren Buffett?
If Mr. Market is behaving irrationally- buy his shares when it suits you. Many people here have posted detailed, and acceptably accurate cash flow projections and valuations of FMG. Even if IO price falls significantly, there is a large margin of safety in the purchase. Just keep buying the shares! Dividends will rise, share price will fluctuate but trend upwards, and any news the company announces is very likely to be good news.
This is a dynamic, scrappy, enterprising and profitable business, way undervalued only by people who don't know much about it. Those of us who have studied the company know the true value.
Just keep buying and don't worry about the shorters!
Anybody remember cowpong? Where he at?!
Everybody- pleae don't worry about the shorters. Haven't we all...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |