FMG 0.47% $21.31 fortescue ltd

Iron ore price, page-52848

  1. 10,262 Posts.
    lightbulb Created with Sketch. 1423
    Some useful content in Goldman's latest research:

    https://hotcopper.com.au/data/attachments/6287/6287746-dd67ff08d15814bffbcf4865c3292f21.jpg

    I've consistently notice overtime analyst have trouble with FMG based on its Price/ Net Asset Value compared to competitors:

    https://hotcopper.com.au/data/attachments/6287/6287754-9b81470865ff90028c3e123bd719c599.jpg

    But it perplexes me as to why they focus on this because its free cash flow that matters, not some accounting value:

    https://hotcopper.com.au/data/attachments/6287/6287762-3d94f7186cc698034b1aa5b6a8ec8ae5.jpg

 
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Last
$21.31
Change
0.100(0.47%)
Mkt cap ! $65.76B
Open High Low Value Volume
$21.24 $21.50 $21.07 $56.51M 2.655M

Buyers (Bids)

No. Vol. Price($)
15 1350 $21.31
 

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Price($) Vol. No.
$21.32 3987 25
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