Because most holders have no grasp of reality. At $80 IO with a 27% grade discount FMG is a low profit operation. At $60 it is losing money. The Green steel is pie in the sky nonsense,
Ann: September Quarterly Production Report, page-44
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Last
$19.39 |
Change
0.510(2.70%) |
Mkt cap ! $58.93B | |||
| Open | High | Low | Value | Volume |
| $19.03 | $19.47 | $18.97 | $53.49M | 2.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 10591 | $19.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.40 | 6772 | 11 |
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| Last trade - 13.32pm 07/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |