They may have been too honest in their quarterly - IMO. Other peers, you may have noticed, pretended that there would be no wet season impact on costs, and annualised the most recent quarter to get an annual target (unlikely). Also there is still a big capital outlay to come, 2.1b - so there goes the cash - lol - but in practice cash flow will be generated as the capital is outlaid.
I think first bearish impressions may be wrong in this case. FMG has had a good run too. I don't hold, but dart in and out from time to time.
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FMG
fortescue ltd
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0.43%
!
$16.33

They may have been too honest in their quarterly - IMO. Other...
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Last
$16.33 |
Change
0.070(0.43%) |
Mkt cap ! $50.27B |
Open | High | Low | Value | Volume |
$16.28 | $16.37 | $16.20 | $91.44M | 5.627M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | $16.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.33 | 450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 16.320 |
2 | 7166 | 16.260 |
6 | 8742 | 16.250 |
2 | 3823 | 16.220 |
7 | 7657 | 16.200 |
Price($) | Vol. | No. |
---|---|---|
16.330 | 450 | 1 |
16.340 | 6971 | 6 |
16.350 | 14605 | 6 |
16.360 | 2370 | 3 |
16.370 | 2445 | 4 |
Last trade - 16.13pm 04/07/2025 (20 minute delay) ? |
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Dr Michael Thurn, CEO & MD
Dr Michael Thurn
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