The price of iron ore will never be $50 again IMO. Remember they printed more than 40% of us dollars last year that has ever been printed, and they continue to do so. Therefore the dollar purchasing power is diminishing fast, and the intrinsic value of iron ore (and most assets) versus the dollar will continue to climb. Good luck waiting for a $6 FMG share price. I'll continue to buy FMG with any fiat I have and collect the 10%+ dividends.
The price of iron ore will never be $50 again IMO. Remember they...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |