"Why is this company expanding capacity which in turn oversupplies the market forcing I/O prices down. Only way to sustain the I/O price is to reduce expansion for the time being. Anyone have any idea's why they are going gangbusters on this 150mt they want to reach asap."
malmamu, maybe the guys making multibillion dollar decisions about FMG's future know something more than the average journalist/analyst, who, just like the weather man on the 6 o'clock news, are paid to make predictions with little to no accountability around getting it right!
Just my view.
"Why is this company expanding capacity which in turn...
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Last
$20.68 |
Change
0.580(2.89%) |
Mkt cap ! $63.67B | |||
| Open | High | Low | Value | Volume |
| $21.26 | $21.59 | $20.48 | $371.6M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17519 | $20.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.69 | 1250 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |