DRinvestor
Ask yourself the following question
Does Vale sit every morning discussing iron ore price
Does BHP, does Rio
No they talk about whats next, they have all announced things in the last 12 months. Look at RIO plans plans plans.
FMG need something new to get the narket exited once again.
Reduced costs and will reduce further
Market excited
Reduced debt and will reduce further
Market excited
Ships
Market excited
Who cares about iron ore price when make even is $32 for FMG.
Market wants to know whats next.
Plus forget investment grade for at least another 12 to 18 months by the way.
The best horse on the ASX bar none
Ashley
FMG / IO Outlook and News, page-118
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |