That's a bit worse than I was expecting. It's averaged low 30s up to now this FY, and FMG has always been expressing confidence that the gap would close in the second half. Now they're saying they actually expect it to blow out further from here.
SP will probably take a bit of a hit on the news, but the market was pretty much already decided that FMG's confidence in the gap closing was misplaced.
Ann: Iron ore price realisation guidance, page-3
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |