FMG 0.34% $17.55 fortescue ltd

Back of envelop, $85 (62%) Its amazing how many people do this,...

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    Back of envelop, $85 (62%)

    Its amazing how many people do this, and ignore the numbers in the official annual report.
    Are you saying that an army of accountants employed by FMG, - under pain of massive penalties if caught lying, - are wrong, and a back of the envelope calculation is right? Rubbish.

    I think those who are predicting FMG having any problems at all are way off beam. What do you say to Vale's well publicised forecast (again today) of a return to $100? Is that rubbish too?

    Both VALE and FMG have an army of contacts in China, and know way more than any of us could dream of.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.55
Change
0.060(0.34%)
Mkt cap ! $54.80B
Open High Low Value Volume
$17.56 $17.84 $17.43 $59.42M 3.368M

Buyers (Bids)

No. Vol. Price($)
10 2893 $17.55
 

Sellers (Offers)

Price($) Vol. No.
$17.56 2780 24
View Market Depth
Last trade - 11.43am 18/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.