Yes.
As a lower-margin pure iron ore play that has already optimised it's cost base, the FMG view is all about where the iron ore price settles now.
Management team has done a great job, no more internal levers to pull.
News: FMG Fortescue Metals Group says qtrly shipments of iron ore was 44.7 mln tonnes, page-19
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |