From what I've read, Harbinger won't be interested in selling any of its holdings at even a slightly discounted price. Apparently, that is not how Mr Falcone works. In regard to the current IO supply/demand situation, FMG have timed their run to perfection, selling massive amounts of iron ore at premium prices. These prices should hold up at or near current levels for at least the next two years.
does fmg price match the outlook, page-11
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Last
$18.87 |
Change
0.000(0.00%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $18.90 | $18.44 | $1.677M | 78.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 749 | $20.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.46 | 749 | 3 |
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| Last trade - 09.50am 01/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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