FMG price chart below shows that between 2013 to all the way to 2019 share price was between $1.42 to $6 AUD, now i don't know if there was any share dilution in between but just going by share price that was the range it was.
i believe FMG had debt that time but it is no different today including expenses upcoming from FFI not considered.
IO price between 2013 to 2019 was between $150 USD to $45 range as below from https://tradingeconomics.com/commodity/iron-ore
so based below i don't see why share price or how share price is influenced by IO price ? it seems more like influenced by dividend that was paid by FMG to shareholders & debt level at given time ... in my opinion which is in third chart below. i missed putting forex rate in this one
so real question will be more around debt level plus dividend then IO price isn't it ?
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B |
Open | High | Low | Value | Volume |
$21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93 | $21.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.41 | 12657 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93 | 21.400 |
2 | 3150 | 21.350 |
1 | 200 | 21.330 |
2 | 1046 | 21.320 |
1 | 1000 | 21.310 |
Price($) | Vol. | No. |
---|---|---|
21.420 | 1200 | 1 |
21.450 | 1500 | 1 |
21.510 | 2020 | 1 |
21.520 | 951 | 1 |
21.530 | 1500 | 1 |
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