RMF.
FMG CFR prices are well known to be below the spot prices because a lot of their product is 57%. What does it matter if the Spot prices goes up so to does their CFR prices. Profits is all that matters. Now perhaps you can tell us what FMG's profit will be this FY2013 and next FY2014.
All I hear is crickets!
iron ore price $3 -$4 spike!!, page-16
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Last
$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $16.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.67 | 40000 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |