I never took a margin loan as I think I could not sleep at night if I Did. Personally I am not sure about how long I will hold on to these shares I hold currently. I like to think I am a medium term investor that can become a long term investor if I cannot make a profit by selling them and still confident they will make profits (TLS for example).
Congrats Karasco58 on your investment.
I was just in the China Southern lounge in Chongqing (been delayed for 5-6hrs due to bad weather) was talking to the head of a company sitting across from myself that supplies steel and concrete products to high speed rail engineering companies. They are confident about their current business conditions. We had a laugh together when I asked them to buy more steel please.
Iron ore price, page-23303
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |