Good question ?
My main investment was BHP shares and i bought FMG as a spec for an Average of $2.56.
FMG rose together with BHP .I remeber FMG =33% of BHP SP.
Then FMG split 10 for 1 .
That makes it $26.00 equivalent on todays SP
Now lets look at BHP and RIO . We all know were they ve been ,and were they are now.
But somehow ppl expect more and more out of FMG . Why so?
The economy,demand for steel, would dictate the price of FMG next year . And if RIO joins forces with BHP i expect FMG to be >>>>>> over $6 in one years time.
Only a guess going on personal observation .Whatever it is .I still be holding FMG next year.
price polling.... where will fmg be in 12 mths, page-29
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |