riding it out, bought more to get the dividend
Now hold 750k with margin margin loan maxed.
Waiting on $450k dividend to reduce the loan
Surprised that sp slumped badly today by more than $0.60
IO price is at a multi year record high and 58.00% realised price now above $90.00mt, I would have thought sp should be at least $8.50 plus
Wait and see if it recovers which it should unless I get caught out again with my pants down, which has happened before
IO price, AUD, demand and Vale imo means FMG is still a star performer and the June Qtr Report will confirm this to be the case
Iron ore price, page-12660
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Last
$22.36 |
Change
-0.230(1.02%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |