omgwen3rds
I didn't invest but I remember the market consensus at the time was that FMG was grossly overvalued relative to BHP and RIO. And these many years down the track, FMG's continued to hold and grow its stock price.
explanation to why sp has dropped, page-11
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Last
$7.85 |
Change
-0.090(1.13%) |
Mkt cap ! $7.286B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.85 | $7.70 | $22.48M | 2.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2285 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 6431 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |