Ok then,
Olympic Dam,
Cerro Colorado,
Antamina,
Cannington,
Worsley,
Samancor,
Yabulu,
All of these are individually worth more than a rail line.
FMG is targetting 40Mt of average grade ore. This is one 10th of BHP pilbara operations when grade is considered.
So if 1/3rd of BHP's MC is iron ore FMG should be 1/9th - mnus debt minus interest repayments minus a risk premium.
Buying at current prices is so hard to justify that other stocks must be looked at prior; and if stock is held it must be sold.
If FMG is under priced then BHP is the bargain if the century without the RIO takeover and the bargain of all time with the RIO takeover.
- Forums
- ASX - By Stock
- FMG
- buddy
buddy, page-36
-
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B |
Open | High | Low | Value | Volume |
$22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 20914 | $22.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.50 | 6164 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 20914 | 22.480 |
1 | 6216 | 22.470 |
3 | 10934 | 22.460 |
5 | 9052 | 22.450 |
6 | 20271 | 22.440 |
Price($) | Vol. | No. |
---|---|---|
22.520 | 9162 | 3 |
22.560 | 1000 | 1 |
22.570 | 500 | 1 |
22.590 | 14461 | 4 |
22.600 | 5715 | 8 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online