I'm not scaring shareholders. I'm just stating facts. And I'm a strong FMG supporter. Take a look at my long term posting history and you'll see I'm a long term strong supporter of the company.
But be real it could easily see $15. Its the same company it was when the share price was $15 so it could easily see $15 again. Iron ore prices now are still very healthy and could easily drop and if IO prices drop then the share price could easily go down to those levels.
Make your own decisions I agree at that price its a strong buy for me also. But dont kid yourself that it will never go there it could.
Iron ore price, page-52596
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Last
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |