Another bad red day. With the major IO stocks up today (FMG, BHP, RIO and even CIA and GRR), there must be some fear that FEX is at risk of going into a care and maintenance state (at least partially).
Would really appreciate some reassurance from management at this point on the path forward in the near term. I think they should be confirming that the hedge enables them produce at the target 1.25mtpa+. I know they've previously insinuated that this is the case, however, I think a fairly dramatic shift in market conditions warrants an update.
FEX Valuation, page-414
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Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69556 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 38158 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |