Virus has years to run. Vaccines may or may not work or be short lived.
Vale out of the equation for some time.
FMG will hit the mid $25's by years end and I see it going far higher in the next few years to up around $40 a share.
BHP and RIO should have taken over FMG in the early days.
Now FMG can under cut Rio and BHP if they wanted to be ruthless like BHP and RIO tried many years ago.
Bigger dividends will be coming FMG way where Vale well good luck with that.
I'll be topping up again if it goes lower for FMG then when the divvy comes out the market will go wow go buy FMG,
Iron ore price, page-23112
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Last
$21.32 |
Change
0.110(0.52%) |
Mkt cap ! $65.64B | |||
| Open | High | Low | Value | Volume |
| $21.24 | $21.50 | $21.07 | $99.18M | 4.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17454 | $21.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.35 | 336 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |