Hi Anitak. Anybody who predicts commodity prices is guessing. The only thing we all knew and it is publicly available is the iron ore cost curve. That cost curve made falls an inevitability the only question was the timing. However the same cost curve is what makes us confident that FMG will remain profitable throughout the price cycle.
Iron ore price, page-35112
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Last
$22.33 |
Change
-0.150(0.67%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.41 | $22.21 | $10.06M | 450.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1156 | $22.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.33 | 834 | 9 |
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| Last trade - 10.14am 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |