FMG 0.86% $18.44 fortescue ltd

Iron ore price, page-12763

  1. 4,983 Posts.
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    I my view the only up-side factors for DRP are:
    1. No brokerage.
    2. If you're going to get a sheet-load of new shares then you get them without having to watch what you're doing to the sell stack

    Down-side:
    1. If you opt in you're committed to go through with it.
    2. Your price will be VWAP so you don't get the chance to time your entry.

    I tend to go for DRP if...
    1. I think the stock is the strongest investment for my dollar (I do right at the moment; I think we have further/better to go)
    2. The brokerage matters (it does to me for the amount of shares I will get)
    3. I don't think I can do better timing the market (I probably can't because I'm xxxeriously bad at picking lows)

    Not advice... just comments.
 
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Last
$18.44
Change
-0.160(0.86%)
Mkt cap ! $56.77B
Open High Low Value Volume
$18.38 $18.54 $18.33 $196.7M 10.67M

Buyers (Bids)

No. Vol. Price($)
4 1832 $18.42
 

Sellers (Offers)

Price($) Vol. No.
$18.45 1100 3
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
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