Some facts;
FMG has the crappest ore out of Rio, BHPB, Roy hill in that order.
Roy hill has come online and with 55Mtpa of higher grade ore than FMG where does FMG go ? if price drops then customers will buy better ore for no increase in price. It's a big game of pushing on the next weakest link until it breaks
Surprised AGO got back off the ground with their deal
GLTAH
Can FMG survive?, page-11
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Last
$18.12 |
Change
-0.215(1.17%) |
Mkt cap ! $56.09B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $18.04 | $44.82M | 2.469M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2895 | $18.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.12 | 7144 | 10 |
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| Last trade - 11.52am 23/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |