shorters always get caught out but they get their cash also now they are buyers. this time with the news they will not sell so fast. this one is going well over its highs soon. if i/o is stable at around 120 to 130 its good night to shorters.
fundamentals are to good.
i feel a div between 8 to 15 cents. i prefer they pay the low side of the div and use the cash to pay down further debt. but if I/0 stays at the high end of the 125+ buy second Qrt then may be the div will be around 15 cents. and the share price 7 to 8 plus by year end. if i/o recovers above that in 3rd qrt then then my post is understated.
shorters always get caught out but they get their cash also now...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |