tell me if i'm wrong here:
1) with IO @$136 FMG is making about $50/tonne profit?
2) current shipment rate of 100mt/year is approx 0.27mt/day
3) profit per day = $13.7m. profit per month = $411m. annualised profit = $4.9b
4) current market cap $11.9b
Clearly, clearly, this stock rockets this year unless IO tanks. I think that's something we can all agree on.
+ $4 on the cards, page-5
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Last
$18.44 |
Change
-0.160(0.86%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.38 | $18.54 | $18.33 | $196.7M | 10.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1832 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 1100 | 3 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |