i agree who wants to get whipsawed in banks every day or so ,resources like bhp rio woodside fmg have huge profit increases on the way better to stick with outlook for BRIC growth and strong demand from china etc to me safer bet than banks with consumer debt poblems to come and mortgage problems .i will stick with china who has billions in the bank and needs to spend big time on infrastructure over next 10/20 years.IMHO resources are the safe L/Term bet especially the bulks like iron ore/coal.also guess what when financial mkts calm down and start to recover so will global western economy's growth recover and therefore demand for resources will be even greater.win win in my books.
i agree who wants to get whipsawed in banks every day or so...
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Last
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |