Why does fmg throw in a token $5 price realisation figure in their price guidance when this figure is always generally going to be more @ a 15% discount? I know its not ever going to be a tangible number and as a result think it would be more transparent if they just said their break-even is $34 of 58% platts.
Also is the additional 1.6b in expected savings in fy16 required to reach c1 guidance of 18/wmt or does this indicate that they expect that their delivered costs will be lower for this financial year once those savings are achieved?
Break even price
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Last
$16.29 |
Change
0.085(0.52%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $16.40 | $16.41 | $16.28 | $15.35M | 911.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 7435 | $16.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.29 | 4000 | 10 |
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| Last trade - 10.14am 10/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |