trtkjd1, you failed to get even the essential element of the market cap correct. RIO is not capped at 60billon in case you are wondering.It is only the ASX component of RIO that you are quoting if you are suggesting that FMG is capped at half of RO's valuation. Remember RIO and BHP are both dual listed. In BHP case, it is even traded in NYSE.
RIO market's cap if you go by the ongoing bid by BHP is in fact ~150billion. Now does that put you head in a spine. I am sick of critics who failed to even get the fundamental premise of their argument right.
In the case of BHP, rightly a third of its market cap is from iron ore division and the rest you can work from it. It should also be pointed out to you that FMG has more land size in Pilbara that BHP and RIO combined.
- Forums
- ASX - By Stock
- FMG
- help me with fmg market cap
help me with fmg market cap, page-47
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B |
Open | High | Low | Value | Volume |
$16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5870 | $17.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.50 | 12148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5300 | 17.480 |
1 | 1000 | 17.460 |
1 | 6609 | 17.450 |
4 | 6819 | 17.400 |
1 | 2500 | 17.350 |
Price($) | Vol. | No. |
---|---|---|
17.500 | 148 | 1 |
17.560 | 3333 | 1 |
17.600 | 2600 | 1 |
17.670 | 1000 | 1 |
17.680 | 593 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online