An iron ore company buying more iron ore is not diversification ewo
FMG aren't investment grade. So no, they can't afford to say shell out for an ILU takeover.
Good luck with working out how FMG could use Koolan Island as an export facility for their own ore. Maybe a tunnel?
fmg and fe, page-1146
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$19.49 |
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Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
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| No. | Vol. | Price($) |
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| 1 | 1000 | $19.48 |
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| Price($) | Vol. | No. |
|---|---|---|
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