Not a serious concern.
You must be kidding. At $80 62% Fe FMG they will be lucky to get $50. That is about a 70% fall in revenue and a 90% fall in profit compared with FY2021. The share price would probably be around $5-6.
Iron ore price, page-40748
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Last
$20.37 |
Change
0.230(1.14%) |
Mkt cap ! $63.50B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.33 | $84.65M | 4.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 643 | $20.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.37 | 2529 | 14 |
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| Last trade - 13.04pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |