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
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |