The Bears and shorts will get crushed by a mountain of dividends over time. If this reverted to a circa 5% yield that would need a $30++ price..
Let them be idiots and sell to us at these crazy cheap prices.. they also sold at $4 and said all kinds of crap about fmg failing due to debt after the mining boom.... How'd that work out?
Iron ore price, page-25013
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Last
$22.29 |
Change
-0.190(0.85%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.41 | $22.27 | $6.947M | 310.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 944 | $22.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.29 | 1160 | 5 |
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| Last trade - 10.08am 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |