AF bought when it was going down at $18 then it dropped further then it rose higher and then he had a nice divvy.
Follow the billionaires. They know how to make money and are rich for a reason.
Shares are cheap now and I am betting they'll go as low as $14 before they rebound.
Market is up today which probably means it will be down tomorrow.
The market is in bear territory which is why we see a few days of red then like today a day of green
then tomorrow probably pain again.Its why they call it a bear market. Seen it all before.
Saw this is the super crashes of 1987, 2007, 2020 and we maybe in for a super crash now.
Just to many variables at play.
In between these monster crashes there are smaller crashes.
FMG in 2007 went from $13.15 to $1.13, In 2020 it got a slow as $8.20 then rose to $26 then down to $13.97 then up to $21
and yesterday in the $16 range. Its bouncing up and down every 6 months. Just look at the charts. Second half of 2022 will see it up over $20 again. Wait until the massive profit for the year is released to the market. The share price will zoom up and by then China will be out of lock down again and perfect good news will see the shares rise along with a higher iron ore price.
Iron ore price, page-45703
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Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |