The biggest problem facing FMG is the size of the discounts on it's products.
I'm of the opinion that management will use the cash on hand and cash flow for the rest of the year reducing the discounts they have to offer.
The examples I gave are two possibilities only.
fmg and fe, page-1158
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$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104054 | $17.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.07 | 4370 | 1 |
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| FMG (ASX) Chart |