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.
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Last
$21.86 |
Change
0.070(0.32%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.71 | $192.6M | 8.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 705 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.88 | 1359 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |