FMG 1.04% $20.35 fortescue ltd

Think the final divvy will be $1.08Currency for that period...

  1. 3,416 Posts.
    lightbulb Created with Sketch. 720
    Think the final divvy will be $1.08
    Currency for that period averaged out at $0.65

    They selling more ore and had other deals that made money.

    Stock and ore price tends to fall this time of the year in a perfect storm.
    Some dump stock for a tax loss and IO mainly falls this time of the year
    the slowly rebounds and come Sept to Dec takes off into the $115 to $125US/T range.

    If it gets to $21 to $22 range I may top up.
    I have this feeling that a market correction or crash is close maybe in the next 12 months
    and the fear is Trump. What he'll do to their stock market which then flows to all stock markets.

    Starting to think Biden gets back in after seeing Trumps latest performances where he said
    I don't care about my supports as long as they vote for me and he even said they ought to vote and then die voting for him.

    If Biden wins the stock market will zoom upwards.

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.35
Change
0.210(1.04%)
Mkt cap ! $62.65B
Open High Low Value Volume
$20.41 $20.76 $20.26 $183.4M 8.943M

Buyers (Bids)

No. Vol. Price($)
3 2123 $20.34
 

Sellers (Offers)

Price($) Vol. No.
$20.36 4581 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.