AJ, I gave the link to AF's comment earlier. Remember seeing NP in an interview, but I don't have a link for that one. They did say in one of their earlier releases (on FMG website) that C1 would be around $30, so $50 with shipping etc. fits the equation.
I think we got a bit of a lift yesterday because a couple of analysts said FMG was good buying at current price. Unfortunately, like most analyst data, it was probably only accurate until they released it.
iron ore price, page-51
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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 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |