yep great article
I really have a good feeling about where fmg is going.
I don't want to up ramp so I wont state my upper end estimate of were this stock could sit in 3-5 years
but seriously I get a strong feel that once this buy back kicks in, grade discount narrows a bit further, iron ore prices hold, a little bit of higher grade ore comes on in a few months we could easily see a 5 handle in 4-6 months.
Then we have eliwana in a year or so, bear in mind this could be brought on early if they really dig in, could add another 1-2 dollars to share price
out from there if we see some left field announcement like a new discovery then that could add 2-3 bucks to the share price very easily.
like ive said many times before this is just a no brainer, buy now set your stop loss and enjoy the ride.
upside is well and truly more than any downside.
good luck to holders
- Forums
- ASX - By Stock
- Iron ore price
yep great article I really have a good feeling about where fmg...
-
- There are more pages in this discussion • 46,312 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B |
Open | High | Low | Value | Volume |
$18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45418 | $18.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.30 | 1200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 17409 | 18.260 |
3 | 1797 | 18.250 |
2 | 3500 | 18.240 |
3 | 2143 | 18.230 |
5 | 6103 | 18.220 |
Price($) | Vol. | No. |
---|---|---|
18.300 | 1200 | 1 |
18.310 | 400 | 1 |
18.340 | 3281 | 1 |
18.350 | 3000 | 1 |
18.380 | 75 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online