Agree - its the surprise of it rather than the actual cost blowout..
Geez people chill the freak out !!!!!
This is a storm in a tea cup.
Rumours of a USD$850m cost blow out at Iron Ridge ... Do we all need reminding that Fortescue is making USD$1.1 BILLION a month in Net Profit????!!!!!
So, we are talking about a whole, massive, 3 weeks of profit lost to cost over runs.
End of the world!!!! ... maybe I should dump my FMG shares and go buy Telstra or AMP.
Hahahahahaha ...
Agree - its the surprise of it rather than the actual cost...
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |