I Agee, I cannot see a situation were fMG can turn this around, extrapolating with the knowledge that more iron ore will pour onto a already flooded market, i can only see sub $1. Price as a reality. I am revising my assessment of it value down on a daily basis.
Bin your FMG, page-7
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Last
$16.20 |
Change
-1.500(8.47%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $16.25 | $16.35 | $16.07 | $242.4M | 14.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 31685 | $16.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.22 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |