You reckon the price is going back up?
I don't know, not many people predicted the boom either. But in any event, it doesn't need to. The company is making money now, and is on a massive cost cutting exercise. If it can weather the storm, - and that looks a done deal, - then when prices do turn up, they will be lean, mean, and efficient.
A lot of smaller, later startups will not be in business then, and the biggies will have a field day. Its the usual shake-out cycle that I have seen many times before. And its amazing how people always predict falling prices to fall further, and rising prices to keep rising forever.
Nobody predicted Fe to hit $150 when FMG started out.
- Forums
- ASX - By Stock
- FMG
- YES china is still growing + there is Strong demand for everything !!! it will last forever !!!
YES china is still growing + there is Strong demand for everything !!! it will last forever !!!, page-39
-
- 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)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$21.22 |
Change
-0.300(1.39%) |
Mkt cap ! $65.52B |
Open | High | Low | Value | Volume |
$21.60 | $21.64 | $21.16 | $81.70M | 3.830M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 3062 | $21.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.22 | 12553 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1558 | 21.210 |
39 | 26336 | 21.200 |
24 | 15869 | 21.190 |
21 | 8226 | 21.180 |
21 | 109013 | 21.170 |
Price($) | Vol. | No. |
---|---|---|
21.220 | 10756 | 46 |
21.230 | 11920 | 28 |
21.240 | 5772 | 16 |
21.250 | 12467 | 16 |
21.260 | 10219 | 11 |
Last trade - 15.35pm 23/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online