Focus is on costs and they are falling very fast. No doubt the low $50s create a challenge but their is an equal chance of $70s which would give tremendous profit and sp upside
IO price is out of fmg's control. What they can do is drive costs down with operational efficiencies and manage debt. They continue to demonstrate these focuses with regular updates giving evidence of positive outcomes in each respect.
In the absence of driving all in costs down to $10 overnight, they are doing a great job that is expected of a multi billion dollar company
Debt to equity, page-3
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Last
$17.97 |
Change
0.710(4.11%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $17.30 | $18.03 | $17.13 | $198.6M | 11.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 31540 | $17.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.98 | 24196 | 6 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |