Dont think there is much point being a LTH of Fortescue given the volatility of the commodity and the share price. I am going to range trade it...out around 25 and in at 19 or so. Just hate riding it up and down. That is what elevators are for. Other stocks CSL, Neuren, GMG to name 3 I think are buy and hold candidates, think you need to blend it. Note as a self funded retiree income tax is not an issue 4 me.
Iron ore price, page-55471
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |