Swoopy, the reason you and others have lost your jobs is not because of the govt, media or anyone else. It's because your company (FMG) made an assumption that the IO price COULD not fall below $120 US/t for a long time, and made integral expansion and funding decisions based on that erroneous fact. It's basically that simple.
The riskiest time for any business is during rapid expansion. Unfortunately for you an others the risks have come to fruition. Good luck to you.
Swoopy, the reason you and others have lost your jobs is not...
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Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |