Think IO will be back over $120US/T in the next few months and FMG by then will be around $25 a share.
Reporting season starts in the next month then the dividend which for me is like winning lotto twice a year.
I get my franking credits next month too which in itself is like another dividend.
Buying FMG now while its so low means a return of about 10% in dividends over 12 months and a bit more in franking credits.
Stock will go back up by about 30% so all good.
I watch it go up and down and each time its down to low I buy more with all the divs I get.
Think IO will be back over $120US/T in the next few months and...
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |