FMG 0.56% $23.42 fortescue ltd

I feel exactly the same way. I have increased my holding as I...

  1. 438 Posts.
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    I feel exactly the same way. I have increased my holding as I bought some around 23.88 a bit over a month or 2 ago I think I did well enough.

    I personally expect it to bounce now around the 26 to 27 dollars for the next 1 month. Maybe dropping into the 25s if say iron ore goes down a bit (say 860yuan futures price) or up to 28 dollars (if say 920 yuan futures price). Without that fundamental changing from today, the price should gradually increase over the next 2 to 3 months as we approach reporting season and therefore the nice end of year dividend (August).



 
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Last
$23.42
Change
0.130(0.56%)
Mkt cap ! $72.10B
Open High Low Value Volume
$23.45 $23.52 $23.18 $111.4M 4.735M

Buyers (Bids)

No. Vol. Price($)
1 7463 $23.41
 

Sellers (Offers)

Price($) Vol. No.
$23.42 17172 2
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Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
$23.36
  Change
0.130 ( 0.35 %)
Open High Low Volume
$23.44 $23.52 $23.18 1245035
Last updated 15.59pm 13/06/2024 ?
FMG (ASX) Chart
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