Hi Big E.
Agree it’s an opinion.
I do agree with the point he is making of buying commodity stocks for yield.
There is a large amount of blue sky in the FMG share price....
At the end of the day FMG share price will follow the iron ore price.
I am not negative Fmg and am a long term holder. Would not be buying at these prices though....
Iron ore price, page-16928
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Last
$19.96 |
Change
0.000(0.00%) |
Mkt cap ! $61.45B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1526 | $21.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.97 | 6000 | 1 |
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| Last trade - 10.00am 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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