$13 or not, your shares represent part ownership of an excellent business. They entitle you to a share of the profits of the business, which are large and getting larger.
These share price wiggles are nothing more than that, shares always fluctuate, often significantly, and often too far on the upside and the downside.
Just keep holding, sounds like you aren't in buying mode right nowbut please don't sell!
Buying FMG has always taken balls, and so has running the company, they are the penennial underdogs, battlers, backs against the walls, David vs Goliath but the facts are WE ARE WINNING and a few % on the share price either way won't change that. It takes real stomach to hold on but it is well worth it, and remember, the mines operate 24/7- literally every moment FMG is making cash hand over fist.
Let the shorters play, some of them might even make money on particular short term trades, but by all fundamentals and analysis, there is no reason to sell shares, and plenty of reasons to buy more
Do not let Mr. Market's insane ramblings distract you from the mathematical facts underpinning the soundness of FMG operations
Merry Christmas!
$13 or not, your shares represent part ownership of an excellent...
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 (20min delay)
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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 |