Because most holders have no grasp of reality. At $80 IO with a 27% grade discount FMG is a low profit operation. At $60 it is losing money. The Green steel is pie in the sky nonsense,
Ann: September Quarterly Production Report, page-44
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Last
$17.68 |
Change
0.415(2.40%) |
Mkt cap ! $52.95B | |||
| Open | High | Low | Value | Volume |
| $17.30 | $17.68 | $17.13 | $76.13M | 4.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3430 | $17.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.68 | 2515 | 15 |
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| Last trade - 12.35pm 21/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |