What scares me about FMG is the fact they are at the mercy of the commodity they are in, and iron ore is only in demand when industrial production is up. Stimulus/printing can provide a false demand but by default that can’t be sustained if that’s the only driver for it.
once that stops, the iron ore party stops. Where as wether that stops or doesn’t, gold will benefit both outcomes.
What scares me about FMG is the fact they are at the mercy of...
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Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $303.1M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 29.0¢ | 26.8¢ | $1.713M | 6.149M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32510 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 36559 | 2 |
View Market Depth
| Last trade - 16.10pm 04/08/2025 (20 minute delay) ? |
| SBM (ASX) Chart |