FMG 2.02% $25.70 fortescue ltd

Morning big e....current share price $ 9.07 and falling...no...

  1. 655 Posts.
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    Morning big e....current share price $ 9.07 and falling...no reason to buy at this level....patience my friend is on my side....if FMG were debt free i.e. actually paid down there debt as opposed to simply have cash in the bank generating little or no interest, (Why pay interest on borrowed funds?) i would consider buying in again...

    I have held a large quantity of FMG shares...at this point in time there are too many risks associated with it...China is one of them...if there was a falling out with China...Australia would be doomed...

    AF is developing properties here in Perth, Fremantle + Cottesloe, along with Solar investment - 50 million dollars i believe to supply Singapore power..yes its good to divest, however to take your finger of the pulse of FMG is concerning for me anyway...
 
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Last
$25.70
Change
0.510(2.02%)
Mkt cap ! $79.12B
Open High Low Value Volume
$25.58 $25.78 $25.39 $142.8M 5.570M

Buyers (Bids)

No. Vol. Price($)
1 1 $25.63
 

Sellers (Offers)

Price($) Vol. No.
$25.75 3050 3
View Market Depth
Last trade - 16.10pm 29/03/2024 (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 29/03/2024 ?
FMG (ASX) Chart
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