FMG 2.21% $16.66 fortescue ltd

is it a good time to short fmg any opinions, page-5

  1. 111 Posts.
    just looked at the PE ratios of FMG, AGO, BHP, RIO
    FMG is around 10% below BHP, AGO is about 15% above BHP, RIO is the same as BHP
    assuming BHP & RIO have been over-analysed to death ...you can assume they are considered fair value re world conditions etc
    AGO is also the highest cost producer of all
    you'd have to be nuts to short FMG instead AGO
    ... if the market was logical FMG would be a screaming buy and you'd have to be nuts not to have a stop-loss on AGO if you bought above around $2.75 ...
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.66
Change
0.360(2.21%)
Mkt cap ! $51.29B
Open High Low Value Volume
$16.50 $16.74 $16.31 $150.0M 9.072M

Buyers (Bids)

No. Vol. Price($)
1 600 $16.65
 

Sellers (Offers)

Price($) Vol. No.
$16.67 40000 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.