FMG 1.89% $18.31 fortescue ltd

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  1. 301 Posts.
    Good point I had not picked up on that aspect.

    Looking for more gains next week but less dramatic than this week. However, Chinese investors often are keen to place a value for the future prospects into the share price today.

    There will not be the normal dillution to raise construction capital.

    The usual downside of putting huge up front capital in to prepare to mine and then construct the infrastructure etc only to find the economics have changed does not apply here. Twiggy has done a smart deal and I think has learnt some lessons from Anaconda days.
 
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Last
$18.31
Change
0.340(1.89%)
Mkt cap ! $56.37B
Open High Low Value Volume
$18.09 $18.32 $18.06 $115.9M 6.367M

Buyers (Bids)

No. Vol. Price($)
2 273 $18.30
 

Sellers (Offers)

Price($) Vol. No.
$18.32 9260 4
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Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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