I really don't get the point you are trying to make or can make much sense of your post.
If I take a stab, of course with a record high IO price, FMG is not going to trade at a low dividend and high PE, it probably won't for another couple of years at least.
That's the resources cycle and that was my point.
I really don't get the point you are trying to make or can make...
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |