From your previous posts I thought you were a FMG employee but you now seem to think that AF has gone from hero to zero due to his honesty about the IO future likely price.
I might be old fashioned but I think that honesty is good.
I understand the stress caused by your FMG portion of your investment portfolio decreasing by $620k (27.67 - 17.34 x 60k) over the last 3 months.
Been there done that - I think hanging on to a position waiting to be proven right is a blokey thing assuming your're a bloke.
You are still in a good position with an average entry price of $9.00 and an unrealised profit of $500k (17.34 - 9.00 x 60k).
Hope you are able to take a deep breath and decide what to do about FMG holding based on clear thinking and sound financial analysis.
Not financial advice - DYOR
Iron ore price, page-53968
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |