FMG 0.18% $21.67 fortescue ltd

Iron ore price, page-52237

  1. 10,216 Posts.
    lightbulb Created with Sketch. 1401
    A little bump expected on Monday ahead of the Memorial Day holiday in the US. As FY24 quickly draws to a close its interesting to consider analyst IO forecasts in light of the futures curve below which has strengthened considerably and is now remarkably flat. I note Goldman has $99 penciled in for FY25... and well if FMG wanted they could pretty much lock in $113 (ex VAT) nearly all the way out to May 2025 at this stage...

    Copper tried to bounce again overnight but failed.... watch this space next week.

    https://hotcopper.com.au/data/attachments/6197/6197211-457ee50772fb09b7cb2de614bfb8db47.jpg
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.67
Change
0.040(0.18%)
Mkt cap ! $66.72B
Open High Low Value Volume
$21.64 $21.79 $21.40 $112.3M 5.142M

Buyers (Bids)

No. Vol. Price($)
3 31555 $21.66
 

Sellers (Offers)

Price($) Vol. No.
$21.68 4937 3
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.