FMG 0.18% $21.86 fortescue ltd

FMG BEARS: It's a one commodity stock so that's why it...

  1. 4,178 Posts.
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    FMG BEARS: It's a one commodity stock so that's why it trades at a 50% PE ratio discount to bhp and rio. A huge discount.

    SAME BEARS: Didn't buy it at $1, $5, $10, $15, $20, $25 because it's risky and not discounted for the near term risk...

    ... it's both crazy high yield due to risk discount but unsustainable yield due to not being discounted for the risk ... at the same time...

    They are just irrational as they flip flop between both positions to justify not buying FMG at any price. They didn't even like it during the crash.
 
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$21.86
Change
0.040(0.18%)
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$22.18 $22.18 $21.69 $119.2M 5.445M

Buyers (Bids)

No. Vol. Price($)
3 14450 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.87 152 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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