Its bargain hunter time really.
Think 2 x $1 or more in dividends which is about 10% returns on a $21 share.
Far better than having it in the bank then you get all those nice franking credits this time of the year.
Its basically a 10% return right now or maybe a bit more due to franking credits.
I see the stock zooming up during reporting season and the iron ore price
going higher as it had already bottomed out.
To many positives.
Lithium stocks my only concern in PLS. They really to low now which is why I topped up
last week on that share too. All the other lithium stocks in strife as there costs prices higher than the selling price where
PLS still making good profits.
Iron ore about the safest stock on the ASX with good divs with FMG.
Sad to see CSR get taken over as they did good divs to over the years.
Iron ore price, page-52820
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |