I hope so too. But...if history is a guide then there will be tough times and good times but on average IO will be about USD100 per tonne. At that long term average FMG is an excellent investment over the long term with good capital growth and good dividends.
Iron ore price, page-40759
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| FMG (ASX) Chart |