FMG 0.64% $18.99 fortescue ltd

To me that is a screaming positive.Firstly it's been known for a...

  1. 10,284 Posts.
    lightbulb Created with Sketch. 1435
    To me that is a screaming positive.

    Firstly it's been known for a long time.

    Secondly, the IO price is amazing even with that prolonged negative backdrop (seemingly due to green energy manufacturing and India).

    Imagine what the IO price would be if China's housing improved even a little.

    Its not a negative (now), it's baked into the IO market, rather it's a future positive.
    Last edited by convexity: 24/06/24
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$18.99
Change
0.120(0.64%)
Mkt cap ! $58.46B
Open High Low Value Volume
$19.38 $19.38 $18.91 $211.5M 11.08M

Buyers (Bids)

No. Vol. Price($)
3 130 $18.96
 

Sellers (Offers)

Price($) Vol. No.
$19.00 130177 4
View Market Depth
Last trade - 16.10pm 01/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.