agree with solarx.
I dont think many people on this site even know what a market cap is. I bet they just see 15c and think "ooo that must be cheap, when FMG is $120".
Its all about MC's people.
There are so many iron explorers out there with just as good if not better prospects and management capped below $100 mill, so why would you buy FMS?
BMY, MDX, JMS, etc etc
Hell i even know 1 iron ore PRODUCER capped below $100 mill. Do some research and you might find out for yourselfs ;)
crist on a bicycle whats going on, page-34
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |