I cant say I'm even surprised to see the share price at $9.10 ... this company is a cash generating machine.
With annual production of 170 million tonnes, iron ore price at US$155 a tonne, and the AUD/US at $0.70c - FMG is generating a profit of AUD$300 million A WEEK!!!!!
Wait till they announce the Final Dividend in August. This baby will be $10+
FMG generating profit of AUD$300 million a WEEK.
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Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1380 | $21.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 28571 | 3 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |