What I find interesting is the comments of Rio Tinto CEO, who states Rio Tinto is in the market for 10 Billion plus purchases right now, also the drive for BHP and Rio to expand their Iron Ore outputs and assets, I would have to think FMG is a real target right now given BHP has had two failed attempts to put BHP and Rio together and Rio has to do something with the billions they are generating. Iron Ore and Coal are the two commodities to lead a recovery is GFC2 hits.
What are others thoughts..
somethings up..... yeah, the share price, page-86
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |