FMG 1.10% $19.76 fortescue ltd

todays finish, page-36

  1. 2,473 Posts.
    andrew

    i'm interesting in getting in, but not at current prices.

    will be more comfortable getting in below $30 after the coming correction. the stock fell today nearly 4% on what was really a stable trading session in the usa on friday, the aussie market copped a caning.

    if we get a really solid year end correction - if today is anything to go by, FMG will get punished quite severly - BUT, it will then be a top buy for what I believe will be a phenomenal rally next year.

    I've always said on this forum, short term the SP will show weakness (and that has indeed been the case), longer term over the next yr or two, should be good.

    but like i said, getting in now - not good timing. am waiting for the price to slip to at least down into the 30-40 range, but preferably below 30. any and every company not making a CURRENT profit in a correction always gets caned!! FMG will be no exception.
 
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Last
$19.76
Change
-0.220(1.10%)
Mkt cap ! $60.84B
Open High Low Value Volume
$19.66 $19.80 $19.20 $191.1M 9.763M

Buyers (Bids)

No. Vol. Price($)
3 4673 $19.73
 

Sellers (Offers)

Price($) Vol. No.
$19.76 31740 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FMG (ASX) Chart
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