*Fully franked dividend.
Production costs declining rapidly. Management is of top quality. Iron ore price is out of their control. It is controlled by fundamentals but also sentiment and cycles that will change.
Banks don't want companies to fail. Not to the tune of $10b. They will refinance if need be, no doubt.
Bounced off $2.45 today. Wasn't convincing but likely an institution finished the selling or a serious buyer stepped in. Short term trading is largely a random walk, fundamentals prevail.
Ann: FY15 Half Year Results Presentation, page-130
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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 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |