@Ikazo
FMG lowest cost producer or did you conveniently leave that out
So what? FMG sell low grade IO which sell at massive (~30%) discounts. So FMG has far less margin that high grade producers like Vale.
At 'normal' $80 prices FMG it is only making about $60 which is only $15 margin. That means a share price of around $6-7.
- Forums
- ASX - By Stock
- FMG
- Ann: September Quarterly Production Report
Ann: September Quarterly Production Report, page-59
-
-
- There are more pages in this discussion • 22 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
|
|||||
Last
$20.34 |
Change
-0.980(4.60%) |
Mkt cap ! $63.87B |
Open | High | Low | Value | Volume |
$20.65 | $20.83 | $20.02 | $167.3M | 8.182M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4042 | $20.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.35 | 17905 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 5484 | 20.270 |
13 | 4783 | 20.260 |
13 | 3586 | 20.250 |
12 | 4521 | 20.240 |
13 | 4691 | 20.230 |
Price($) | Vol. | No. |
---|---|---|
20.290 | 6171 | 17 |
20.300 | 16025 | 14 |
20.310 | 2249 | 8 |
20.320 | 5634 | 12 |
20.330 | 6490 | 10 |
Last trade - 13.34pm 25/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |