Agree Teddy.
Just wait until 24th August when FMG announce that they're paying a $1.00/share fully-franked dividend !!!
I just checked and we are currently only $2 Billion away (in Market Cap) from overtaking NAB as the 5th largest company on the ASX.
When the S&P Index gets re-weighted shortly, the tidal wave of money that will flow from Hedge Funds buying FMG shares will further ignite the share price and we will easily hit $20 a share.
Last Man Standing., page-2
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Last
$16.20 |
Change
-1.500(8.47%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $16.25 | $16.35 | $16.07 | $242.4M | 14.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 31685 | $16.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.22 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |