Yep using DDM the long term prospects for FMG are solid. Short term however is very volatile and you are brave to be trading regardless of being long or short.
Long term holders should just enjoy the dividends. Remember shares should not be used for short term investment unless trading. 5 year minimum time line is recommended.
This is general advice and not specific for any individual or particular stock.
Iron ore price, page-439
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 (20min delay)
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Last
$24.37 |
Change
0.310(1.29%) |
Mkt cap ! $75.03B | |||
| Open | High | Low | Value | Volume |
| $24.49 | $24.55 | $24.29 | $90.31M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5859 | $24.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.37 | 41509 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$24.30 |
Change
0.310 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $24.44 | $24.55 | $24.29 | 996350 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| FMG (ASX) Chart |