Can't be long until the next round of expenditure cuts... FMG still have plenty of fat to cut....
All those 100's of staff they have doing 7 days on 7 days off FIFO rosters could be first in line... it's a fair roster when the iron ore price is good but at times like these, just as in the past, they should be put back to their old 14 days on 7 days off roster for the same pay. Think of the cost savings on flights, accommodation, food, and they could cut 1/3 of the workforce with no lost hours!
I think it's only a matter of time. I'd say the big boys are just waiting for the smaller guys to feel the pinch a bit more so they can justify it, and so the staff will accept it as they will have no where else to go!
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Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
24.5¢ | 25.0¢ | 24.0¢ | $198.5K | 812.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44912 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 377190 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.240 |
7 | 219661 | 0.235 |
20 | 280433 | 0.230 |
4 | 169966 | 0.225 |
12 | 309380 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 377190 | 3 |
0.255 | 143921 | 2 |
0.260 | 19663 | 2 |
0.265 | 100000 | 1 |
0.270 | 146470 | 5 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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