This week the Melbourne Mining Club held its bi-monthly ‘Cutting Edge Event’. This showcases small-cap and mid-cap mining companies, and it’s generally the good ones that get the chance to present. It’s well attended, well run, and there’s no danger of missing your dinner either, as a bell lets the speaker know when their brief [...]
FMG
Todays stocks price for FMG Fortesque Metals
FMG – 4.030 -0.140 ( Look Up)
The good News on FMG
– > Last week, the company said it was in talks to sell to Japanese and Korean mills for the first time as it tries to take market share
–> In August, Fortescue reported an annual net profit [...]
China’s stocks rose 4.52 percent on Thursday’s close. The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.Combined turnover expanded only slightly to 191.33 billion yuan ($28.01 billion) from 191.07 billion yuan on the previous trading [...]
My punt on Fortescue metals group
I took a punt on FMG ( Fortescue metals group) this Thursday on 13/08/2009 at $4.42 @ 1000 Units
That totals too $4439.95 ($4.42 x 1000 Units = $4420 + $19.95 = $4439.95 ) ( the 19.95 being my broker fees at www.comsec.com.au . Luckily for me Fmg got busy [...]