CSR divvy went in on July 1 and $8.88 per share goes in on July 9.
FMG was a steal at anything under $22. That was the new bottom cycle.
So from $29.85 to $21.02 this cycle.
Previous cycle a year ago was $26 to $19.
Next year it might be $33 to $25 cycle.
Its ranging up every year. Might get the odd year when a crash happens in all stocks.
Trending upwards.
The ones that didn't buy will be full of regret now.
Next year FMG will be exporting an extra 28 million tonnes of IO so the share price will be higher
along with their sales of FFI products.
Iron ore price, page-52850
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Last
$21.36 |
Change
0.145(0.68%) |
Mkt cap ! $65.76B | |||
| Open | High | Low | Value | Volume |
| $21.24 | $21.50 | $21.07 | $59.87M | 2.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6093 | $21.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.36 | 5367 | 16 |
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| Last trade - 15.01pm 24/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |