IMHO most brokers and analysts look at FMG as the pure irone ore minor. This is the only way you can value the value stock. Any speculations about FFI future are still speculations. FMG is in unique position. it's a value stock with good prospects being a very profitable business for years to come from its mining operations. At the same time it's a speculative stock due to its exposure to FFI. The brokers just do not know how to assess it at the moment. With more infrastructure being built and investment into FFI, they will start changing their approach.
Any conspiracy calls are silly. Reputable firms pay good salaries to their analysts and value their credibility and reputation.
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B |
Open | High | Low | Value | Volume |
$19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $19.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.50 | 24291 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200 | 19.450 |
1 | 400 | 19.430 |
1 | 1500 | 19.420 |
2 | 2700 | 19.410 |
9 | 3664 | 19.400 |
Price($) | Vol. | No. |
---|---|---|
19.500 | 727 | 1 |
19.540 | 399 | 1 |
19.550 | 2368 | 1 |
19.560 | 514 | 1 |
19.580 | 2372 | 3 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |