i just want to get to the bottom of what is the actual price fmg is receiving. if they're getting $130 tonne for fmg grade ore then that equates to an actual price of $224 a tonne (130 divided by 0.58). Spot prices only reached $185 in their recent april peak, so they can't have achieved that price. the real price is $130 multiplied by 0.58 less shipping costs. fmg has changed the way they express the price so this is not really clear. if anyone else has any insights on this i am happy to be proved wrong.
i just want to get to the bottom of what is the actual price fmg...
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$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
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