Darn, FMG has delivered again. The Fairfax journos and some of the red-faced brokers will not be happy.
Me? I'm not the least bit surprised. A lot of people, - though perhaps not many here, - just don't get it with FMG. They analyse it critically and always miss the red-haired elephant in the room, - AF. Because I recognised the elephant some time in 2003, FMG just sings for me...
AGO's David Flanagan is another mis-fit in the pigeon holes that journos try to put everyone.
I've been waiting patiently for FMG to begin its next climb. Broker Golden Sacks has now come around, and is recommending FMG with $6.14 target. Personally, I never set targets, but would not be surprised to see multiples of today's price in a couple of years. And I don't say that lightly.
quarterly production report, page-18
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Last
$17.75 |
Change
-0.200(1.11%) |
Mkt cap ! $54.65B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $17.91 | $17.54 | $136.4M | 7.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $17.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.77 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |