Nah Bob, unfortunately that’s all blah blah. The price of iron ore is known daily and yet FMG’s SP in the last 12 months has ranged from $14 to $26.
Other stocks with known revenues all range in SP dramatically as their true value is what the market will pay which in turn changes their MC.
You just can’t value something on hope or potential. Current value for IMU is 17 cents per share.
Cheers.
Nah Bob, unfortunately that’s all blah blah. The price of iron...
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |