yes. The share price isn't a reflection of the minute by minute performance of the company, it's just the market reacting to various external factors. Since they are both affected by the same external factors, they will be highly correlated.
Ann: June 2023 Quarterly Production Report, page-40
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Last
$22.04 |
Change
-0.320(1.43%) |
Mkt cap ! $67.86B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $21.98 | $158.0M | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39363 | $22.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.05 | 1722 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |