The 2 business have a completely different risk profile because one is much higher risk than the other due to their position on the cost curve. Also FMG has growth and GRR doesnt. Thats why GRR has a PE that is so much lower than FMG. You can debate the exact number (maybe FMG should be 8 or 12 not 10.5) but fundamentally FMG justifies a much higher PE than GRR.
Iron ore pricd, page-40
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $376.1M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $514.6K | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11059 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 49723 | 4 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| GRR (ASX) Chart |