It looks like the market has already priced in a collapse of the Iron Ore market. Iron ore prices hovering around $160-200/t and FMG only ONLY only in the $6.40s... what a joke. This thing was at $13 when IO prices were at $120/t and still in development phase.
Ann: Expansion from 155MTPA expansion Project , page-20
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Last
$18.33 |
Change
-0.235(1.27%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $91.66M | 4.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 11149 | $18.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.33 | 8228 | 23 |
View Market Depth
| Last trade - 14.22pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |