I must admit I am shocked to see the share price falling so much. But IMHO the long term prospects of the company are incredible and the very basic maths of their profit and dividend numbers still represent jaw dropping value. I will be buying more FMG. Even if IO was $100 per tonne the company would be printing money. Stay the course friends! (unless you wanna sell me your shares cheap!)
Iron ore price, page-35418
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Last
$18.12 |
Change
-1.430(7.31%) |
Mkt cap ! $55.79B | |||
| Open | High | Low | Value | Volume |
| $18.76 | $18.85 | $18.12 | $253.5M | 13.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14492 | $18.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 25635 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |