i just want to get to the bottom of what is the actual price fmg is receiving. if they're getting $130 tonne for fmg grade ore then that equates to an actual price of $224 a tonne (130 divided by 0.58). Spot prices only reached $185 in their recent april peak, so they can't have achieved that price. the real price is $130 multiplied by 0.58 less shipping costs. fmg has changed the way they express the price so this is not really clear. if anyone else has any insights on this i am happy to be proved wrong.
big vol on fmg today, page-16
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Last
$17.49 |
Change
0.300(1.75%) |
Mkt cap ! $53.85B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.56 | $17.13 | $141.9M | 8.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 286 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.49 | 26714 | 5 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |