MadDog
"At the end of the day, the iron ore price is unknowable, macro factors will drive longer term demand for iron ore where it drives it and earnings will go where they go. ""
We understand each other perfectly.
That is eactly what I said.
I have simply come to a different conclusion regarding risk reward but I do not feel so insecure that I need to attack any position which does not align with my own.
You sound a bit stressed. What did you buy in at ? If you bought in at over $ 10.00 you would be pretty close underwater at the moment.although franking credits would help if you are elgible to claim and you ignore opportunity cost.
MadDog "At the end of the day, the iron ore price is unknowable,...
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Last
$26.05 |
Change
0.380(1.48%) |
Mkt cap ! $80.20B | |||
| Open | High | Low | Value | Volume |
| $25.80 | $26.22 | $25.79 | $125.7M | 4.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10772 | $26.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.08 | 1300 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$26.09 |
Change
0.380 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $25.81 | $26.22 | $25.78 | 876694 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| FMG (ASX) Chart |