"To expect very quick movements in FMG's share price back to multiples (2x, 3x etc) of what it is now is unrealistic in my opinion. I think three times current (3x 1.8o's) in three years is not unreasonable though it may be slightly optimistic."
People don't expect a quick recovery - but the decline was very short and sharp. Fmg went from $5 to $1.75 in the space of 12 months
Iron Ore Price, page-1539
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |