Piggy it is well known that the best way to invest in shares is long term. Even Warren Buffet says this. Selling on the latest news fears is a sure way to never make any money.
The Western Australian Government have been wrong in predicting the price of iron ore in the past underestimating the price in their budget so there is a good chance they will be wrong again.
I am a long term holder and look to dips in the market as a BUYING OPPORTUNITY.
Once again by posting what you do, you just confirm that you have no interest in actually investing in FMG. You want to scare people into believing the sky is about to fall out of the price so the question arises again... why are you continually posting down ramping articles... you are obviously being paid to do this. Pretty sad way to earn a living.
Iron ore price, page-40811
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |