I agree (but not really) - the synergy and the proximity to Port Headland port etc. and common rail makes sense. BHPB did want RIO after all. I remember doing well from that one when I heard early (RIO was $130/share). At the time it felt like a massive risk - but it came to fruition.
I've spent the last 15 years in the mining industry in various capacity, and know BHPB very well.
I don't think they see FMG as an aquisition target though, more of a hinderance to their grand plans (all of which are unwinding in front of their eyes at present with iron and oil). AMcK at BHPB has a very one sighted view of the world and his 4 pillar strategy is a big bet - based on his view of the future - that he has sold to the board and shareholders. Such an arrogant company. I don't think they are clever enough to want FMG.
- Forums
- ASX - By Stock
- FMG
- FMG Takeover Rumour
FMG Takeover Rumour, page-39
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B |
Open | High | Low | Value | Volume |
$19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $19.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.50 | 24291 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200 | 19.450 |
1 | 400 | 19.430 |
1 | 1500 | 19.420 |
2 | 2700 | 19.410 |
9 | 3664 | 19.400 |
Price($) | Vol. | No. |
---|---|---|
19.500 | 727 | 1 |
19.540 | 399 | 1 |
19.550 | 2368 | 1 |
19.560 | 514 | 1 |
19.580 | 2372 | 3 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |