The problem is that NOT MANY investers know these figures. If you are not on HC and you read all these "BAD" news on IO prices, would you invest in an single commodity IO company like FMG? Once we get closer to half yearly results, you will start to see news outlet running news like "fat dividend", "huge profit", "mining boom is back", etc. Then you will see SP running hot again.
Just relax, every share you hold in FMG is making a lot of money for you. We are definitely moving up, the Chart is now in a bullish trend again, and with Q report 3 weeks away, and half yearly 6 weeks away, I can see plenty of upside coming up.
DYOR.
Frank.
Iron Ore Price, page-15957
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |