Ashley, the main reason why FMG is not getting a good price now is because there are too many SUPPLIES because of high IO prices, to get rid of IO supplies, we need either INCREASE DEMAND or DECREASE SUPPLIES. Currently demand is not there, therefore reduce IO price and get rid of HIGH COST producers like the ones in India and China are the only way forward for FMG now, not spent years and billions to bring on more supplies.
DYOR.
Frank.
bouncing fmg ideas, page-33
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Last
$20.35 |
Change
0.210(1.04%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.26 | $183.4M | 8.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2123 | $20.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.36 | 4581 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |