Two things caught my eye recently. The press is attibuting the downturn in FMG to its following of the Fe price on a daily basis. That might be right, but it is not going to make us much money. Lift your sights a bit higher, reptiles of the press.
I am more interested to note the cap-size shipping rates going up by 20%, and the US Dow at five year high. Caterpillar is a leader of that, and the Dow Transports index, which is about the best indicator of all, - is at all time high.
I haven't heard of any problems with regard to Fe deliveries or the Pilbara ports, so must presume that the cash pile is growing daily.
to buy or to sell in the short term?, page-10
-
- There are more pages in this discussion • 4 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
$18.10 |
Change
-0.340(1.84%) |
Mkt cap ! $55.72B | |||
| Open | High | Low | Value | Volume |
| $18.33 | $18.39 | $18.08 | $121.3M | 6.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $18.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.14 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |