FMG 2.02% $25.70 fortescue ltd

For me it is not how low the spot gets to but how long it stays...

  1. 40,609 Posts.
    lightbulb Created with Sketch. 1002
    For me it is not how low the spot gets to but how long it stays at the low that concerns me. Billion dollar question(s) that I will not even attempt to guess so I don't make a fool of myself.

    Basically you have 3 choices, increase the risk profile and punt on FMG at some support level and hope it is the low of the IO spot and you have a better SP appreciation by historical standard but a higher risk of FMG collapsing. Alternately get some BHP/RIO which is a much safer option but limited returns relatively speaking. No free lunch.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$25.70
Change
0.510(2.02%)
Mkt cap ! $79.12B
Open High Low Value Volume
$25.58 $25.78 $25.39 $142.5M 5.556M

Buyers (Bids)

No. Vol. Price($)
4 49920 $25.66
 

Sellers (Offers)

Price($) Vol. No.
$25.71 2818 2
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$25.73
  Change
0.510 ( 2.20 %)
Open High Low Volume
$25.57 $25.78 $25.39 738887
Last updated 15.59pm 28/03/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.