Like I said before, FMG know they are in a position to diversify. Who knows what they are sitting on, Gas, Lithium, Gold, Copper and ofcourse Ore. Perhaps even cattle and logistics
They are planning their next steps, paying down their debt, getting their ducks in row. Shorters might win in the short term, but anyone who has some foresight and is not acting like a panicking Patricia will see:
$10 in 3 years.
$30 in 10 years.
When this happens, I would like someone to please send me a plaque saying that.
And by the way the demand for 58% is probably going to get in boost over the ST.
FMG Pegging Around RIO Copper Find in Paterson Province, page-3
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |