I cant say I'm even surprised to see the share price at $9.10 ... this company is a cash generating machine.
With annual production of 170 million tonnes, iron ore price at US$155 a tonne, and the AUD/US at $0.70c - FMG is generating a profit of AUD$300 million A WEEK!!!!!
Wait till they announce the Final Dividend in August. This baby will be $10+
FMG generating profit of AUD$300 million a WEEK.
Add FMG (ASX) to my watchlist
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Last
$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 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |