Madmarket - the difference is that BHP and RIO have prooved they can and do produce and export iron smoothly and consistantly.FMG have not.
As much as anything this is a logistics operation.Have they got shipping for 3 months time.Some say no( I dont know but no-one will reassure me)
Lot of structure goes into big organizations.FMG outlook on remaining flexible sounds imppressive but does it work?
Cant see why not But I am not sure.
Few runs on the board would be good.
Good luck.
fmg, page-20
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.27 |
Change
-1.080(5.31%) |
Mkt cap ! $59.33B | |||
| Open | High | Low | Value | Volume |
| $20.29 | $20.61 | $18.69 | $319.2M | 16.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35024 | $19.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.28 | 30769 | 3 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |