Its simply the time of the year we are in with the divvy cycle.
Morgan Stanley only two weeks ago was saying FMG wil be $30 and now as of late last week
Morgan Stanley now saying $17.45
By May FMG will be back over $23 a share. Quarterly figures get released next month and the shares
will go up as will BHP and RIO.
Last few days is a great time to be topping up and again tomorrow.
Then as the money goes into peoples accounts we should see a buying spree from bargain hunters
with all their nice cash rewards they got from FMG.
Iron ore price, page-29512
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Last
$17.94 |
Change
-0.350(1.91%) |
Mkt cap ! $55.23B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $17.92 | $112.0M | 6.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 440 | $17.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 10018 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |