It makes perfect sense. BHP and RIO are highly diversified. FMG is one trick pony almost totally reliant on Chinese construction. If you followed the news you would know the Chinese property market is on the verge of collapse.
Ann: Dividend/Distribution - FMG, page-41
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 (20min delay)
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Last
$24.00 |
Change
-0.320(1.32%) |
Mkt cap ! $74.37B | |||
| Open | High | Low | Value | Volume |
| $24.34 | $24.35 | $23.96 | $89.52M | 3.712M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11043 | $26.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.60 | 34999 | 4 |
View Market Depth
| Last trade - 15.59pm 05/06/2024 (20 minute delay) ? |
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Last
$23.99 |
Change
-0.320 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| $24.34 | $24.35 | $23.96 | 817123 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| FMG (ASX) Chart |