frankhalo,
There are only few players playing in this market .
FMG got to this price only because of the small percentage in the hands of the smaller holders.
Money is constantly being shifted from BHP/RIO to FMG and vice versa.
When all the dust settles ,i believe that your target of $15.00 would be very modest.
When everything is taken into account ,including tax benefit etc. Those holding hundred thousand units + are likely to be benefit by long term strategy.
I held my FMG for 4 years .I did not sell when it was $13.00 as i have no hindsight. But no regrets to follow Twiggy`s example and cont to hold.
Imho
significant bounce for metals, page-17
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |