Margins , margins , margins
Rough figures just for discussion , please don't attack them if they are a few dollars out - just painting what I think is a very simple picture
fMG produce IO at a total cost of 85
They sold it at 145 -150
So a margin of 60-65
iO now 88 but let's agree that this is a ST bleep . And lets say it recovers to 110
Margin 25 dollars
Now after the decrease in capex , labour etc , this lower margin needs to pay debt and justify enough of a revenue multiple to support and certain SP - the simple fact is if IO settles anywhere below 120 FMG is worth a lot less than it is being valued today - my view only
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$18.24 |
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Mkt cap ! $56.34B |
Open | High | Low | Value | Volume |
$18.46 | $18.61 | $18.22 | $89.60M | 4.874M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7055 | $18.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.28 | 27809 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7055 | 18.240 |
5 | 11370 | 18.230 |
12 | 35924 | 18.220 |
5 | 58390 | 18.210 |
25 | 13563 | 18.200 |
Price($) | Vol. | No. |
---|---|---|
18.280 | 27809 | 2 |
18.300 | 4012 | 2 |
18.310 | 167 | 1 |
18.320 | 6816 | 4 |
18.340 | 15773 | 2 |
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