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FMG

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1.11%

$27.24 fortescue ltd

SPOT ON !!! (No no this is NOT THAT spot on !!)

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APTWhisperer

1,261 Posts.

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24/03/24

08:25

Post #: 73030246
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Originally posted by KerrAvon: ↑

It's a question of time scale, are you trading or investing? For me personally 16 months is ok, I'll hold FMG in the red for that long. I wasn't in the market in 2017, but if I was and if I had the same strategy then that I had a few years later when I got in at around $15, I would have tolerated a 10-20% loss for that long, and it would have paid off handsomely, by now "free carry" from the divis with a bit left over, and 400% capital gain.

If you are after a faster bit of profit-taking or if you need the cash, maybe you will get burned in the 16 month period if you realise your losses and sell.

The same advice can be stupid for some people, spot on for others.

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SPOT ON !!!
(No no this is NOT THAT spot on !!)

FMG Price at posting: $24.64 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $27.24		Change 0.300(1.11%)		Mkt cap ! $83.87B

Open	High	Low	Value	Volume
$27.33	$27.50	$27.16	$96.28M	3.521M

Buyers (Bids)

No.	Vol.	Price($)
1	976	$27.24

Sellers (Offers)

Price($)	Vol.	No.
$27.27	2423	2

View Market Depth

No.	Vol.	Price($)
1	50	27.220
3	1390	27.210
3	29061	27.200
1	6062	27.180
1	5464	27.170

Price($)	Vol.	No.
27.270	2423	2
27.280	500	1
27.290	67	1
27.300	70	2
27.320	3000	1

Last trade - 16.10pm 20/05/2024 (20 minute delay)


Last $27.29			Change 0.300 ( 0.81 %)
Open	High		Low	Volume
$27.35	$27.50		$27.16	507006
Last updated 15.59pm 20/05/2024 ?

FMG (ASX) Chart