FMG has held up very well I take this as a bullish omen. The opposite was true in 2014/2015 when the iron ore price would be down marginally yet the share of iron ore miners would be down 5 + percent. I toyed with a few small trades and made a small profit purchasing at low 6 's and selling last week at 6.35.
I bought yesterday at 6.04. although I wouldn't be surprised to see a head dip below 6 bucks where I will continue to purchase. Holding for the longer term now, debt repayments and dividends make this stock very attractive. GLTAH.
Iron ore price, page-467
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |