FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-21334

  1. 29,775 Posts.
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    Is there any share that is a safe haven? We have seen things go wrong for many companies and mum and dad investors
    are hurt because they believe they are safe in what they call blue chip shares.
    They either ride it out or panic.
    What I have said in the past is that the ride from under $4 for me has been easier than the push further up will be.
    That is a decent profit and more so when you add in the dividends.
    No broker will tell you there is a time to sit on cash either. It is not in their interest.

    I have a number of shares on my watch list that simply seem to defy gravity and from where I sit the fundamentals just
    don't match.

    Quite a bit of money will be coming out of super funds as well so I hope some shares do defy my sort of logic.

    We saw a fall in some shares because of the virus and lock down and when everyone thinks it's over the possibility of it
    returning rears it's ugly head again and we are back with the market going lower. I'm not talking about tomorrow but
    a bit further out.
    Just cautious.
 
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Last
$22.10
Change
0.100(0.45%)
Mkt cap ! $68.04B
Open High Low Value Volume
$21.99 $22.22 $21.87 $84.79M 3.834M

Buyers (Bids)

No. Vol. Price($)
2 9803 $22.09
 

Sellers (Offers)

Price($) Vol. No.
$22.11 10620 3
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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