FMG is looking less attractive to me. If investing in iron ore, BHP is my prefer option. I own BHP, I think FMG has further downside as the way i noted the dump trades. People bought big BHP shares yesterday, i noted. I wont look at FMG until $13. Before my target was $16 but now my i think it may go further $13. Insto is no longer a believer in FMG neither do i.
Iron ore price, page-53602
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Last
$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $16.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.67 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |