I think your views have been discredited time and again here. You’re very bearish on fmg and that’s okay. Most here are bullish and for good reason.
FMG is a very well run company with small debt and extremely low cost producer which is a huge positive in this industry. A cash cow in recent years and with iron bridge having started up a massive positive to the company. Nothing suggests this will change. With huge upside potential with FFI.
You only need to look at the share price and results to see that you may be on the wrong side with your view.
fmg is higher risk than unhedged io in ground, page-16
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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 |