how will a global recession impact the big IO players? (I am in the camp that gloom is ahead)
my feeling is short term few companies will be spared, but IO is as safe as any bet. Infrastructure/development has always been a vehicle for lifting out of recession/creating jobs
I'm hedging my bet
will pick up more FMG as low as possible b4 div
and more cum div dependant on the day
as we all know, with H2 ambitions taking a hit, leaves more money in FMG proper
Iron ore price, page-53077
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |