yes it is nice to be back in the black. I have been invested in FMg for 7 years. Got some bad tax advice when it hit $7.27, had to watch it go all the way back to $3.51. The lay of the land seems to be fitting into the same time it went to $7.27. Fmg discount narrowing , and Ore seeming to be holding the $70-$80 price for the next 3-6 months.
They will start making $400-550 mil a month, like they did when they paid of $2.9 billion in one year.
Have got a plan, now to ensure that this time around I don’t miss the opportunity to capitalise on my patience and FMG’s great management
good luck all,
kind regards MJAK
ps I don’t post a great deal , but very much appreciate all your Post and info. RC Man - do you know where Franky??
Iron ore price, page-9317
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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 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |