i am thinking about to switch to Vale.
in my opinion Vale is the better buy at the moment.
Samarco Restart at the end of the year.
corona issues are sovled in A year.
issues from the dam rupure will be solved in two years.
Vale will back to 400mt in two years, good qualify ore.
Debt is moderate.
no expensive investments in the next five years.
vale is much cheaper than FMG at the moment.
Mike
Iron ore price, page-23111
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Last
$18.88 |
Change
-0.210(1.10%) |
Mkt cap ! $58.13B | |||
| Open | High | Low | Value | Volume |
| $19.25 | $19.26 | $18.80 | $114.8M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2485 | $18.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.91 | 185 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |