There will be no extra supply at this price.
Africa is the brightest prospect, and it has almost no infrastructure.
China has a natural cost curve of $120 - what is happening now is very dodgy, imo, and will be corrected. China io quality is also very poor relative to imports.
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- andrew forrest buys $20m
FMG
fortescue ltd
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0.65%
!
$17.02

andrew forrest buys $20m, page-8
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Last
$17.02 |
Change
0.110(0.65%) |
Mkt cap ! $52.49B |
Open | High | Low | Value | Volume |
$17.14 | $17.25 | $16.96 | $80.72M | 4.728M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3664 | $17.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.03 | 4942 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 3311 | 17.030 |
19 | 8190 | 17.020 |
17 | 11915 | 17.010 |
19 | 17220 | 17.000 |
17 | 22116 | 16.990 |
Price($) | Vol. | No. |
---|---|---|
17.040 | 10684 | 13 |
17.050 | 18196 | 18 |
17.060 | 12384 | 11 |
17.070 | 17073 | 9 |
17.080 | 19224 | 12 |
Last trade - 13.27pm 18/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |