FMG 1.90% $22.00 fortescue ltd

" there is no magic pudding coming from Brazil or Africa""I...

  1. 561 Posts.
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    " there is no magic pudding coming from Brazil or Africa""
    I think you have nailed it with this comment.
    Is the price being held back by a reluctance to bet against China.?
    FMG is a substantial part of my portfolio but it would be a lot more is someone is prepared to guarantee that China can't pull something out of the box.
    They have a lot riding on it so the incentive is there and they have a good track record for proving their detractors wrong.
 
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Last
$22.00
Change
0.410(1.90%)
Mkt cap ! $67.73B
Open High Low Value Volume
$21.93 $22.09 $21.58 $138.1M 6.316M

Buyers (Bids)

No. Vol. Price($)
2 9247 $21.99
 

Sellers (Offers)

Price($) Vol. No.
$22.00 3521 3
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
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