Hi sneerch - mate I appreciate your input. The majority of people on this forum tend to agree with you that fmg is undervalued. From what i can ascertain their net profits should now be roughly inline with what they were earning in 2013. In 2013 their share price averaged between 4 and 4.50 for the year. Is this what people think is a fair value for fmg today, or do people consider the stock value in 2013 overvalued?
Iron Ore Price, page-1531
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Last
$21.59 |
Change
-0.275(1.26%) |
Mkt cap ! $66.65B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.58 | $23.78M | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 16994 | $21.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.59 | 3259 | 8 |
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| Last trade - 11.30am 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |