S32 will just drag FMG down. There’s a reason why BHP discarded it and why its share price is stuck at $2. Better opportunities elsewhere aside from mining. Aside from iron ore, i think it’s better for FMG to invest in technology instead. They are a money making machine, why not just buy businesses which have high growth potential and earnings that just need more capital to expand. All imo, gltah. Like s32, their diversification exposes them to losses in other types of resources where as sticking to iron ore only, FmG only keeps raking in cash.
Iron ore price, page-22251
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Last
$19.73 |
Change
0.760(4.01%) |
Mkt cap ! $60.74B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.90 | $19.11 | $207.2M | 10.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55717 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 15000 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |