Yesterday I thought the Market was slow to react to FMG's discount news, the SP should be closer to $6.80 and not $6.54.
After last night's news from Vale, Fitch Ratings and World Steel, plus so far no damage from cyclone Veronica and the ever increasing popularity of FMG's IO, I think $7 is the bare minimum now. We should see $7 soon and next month is even better than this month.
So unless there are some major events, I will just relax, and let my FMG shares do it's things..... going UPPPP!
DYOR
Frank
Iron ore price, page-11279
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Last
$18.31 |
Change
0.200(1.10%) |
Mkt cap ! $54.31B | |||
| Open | High | Low | Value | Volume |
| $18.07 | $18.52 | $18.05 | $130.4M | 6.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6693 | $18.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.31 | 1410 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
