There will be no extra supply at this price.
Africa is the brightest prospect, and it has almost no infrastructure.
China has a natural cost curve of $120 - what is happening now is very dodgy, imo, and will be corrected. China io quality is also very poor relative to imports.
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- andrew forrest buys $20m
FMG
fortescue ltd
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0.53%
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$17.00

andrew forrest buys $20m, page-8
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Last
$17.00 |
Change
0.090(0.53%) |
Mkt cap ! $52.49B |
Open | High | Low | Value | Volume |
$17.14 | $17.25 | $16.99 | $75.38M | 4.414M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 20584 | $17.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.01 | 8928 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 14567 | 17.020 |
11 | 16172 | 17.010 |
27 | 32988 | 17.000 |
16 | 23943 | 16.990 |
12 | 20220 | 16.980 |
Price($) | Vol. | No. |
---|---|---|
17.030 | 5788 | 13 |
17.040 | 11547 | 23 |
17.050 | 9551 | 17 |
17.060 | 11631 | 19 |
17.070 | 11777 | 13 |
Last trade - 13.00pm 18/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |