I just find it odd that management is still trying to portray the cost as low cost while every analyst publishing their public figures are in the 70+ range.
That's par for the course for FMG. Don't forget those are the same analysts who wrote it off in 2012, and also advised strongly against the company when it was at 50 cents, $1, $2, and so on.
You think I'm cynical, you're right. Many analysts absolutely hate FMG with a passion because they got it so wrong for so long and have egg all over their faces. Its an Australian tendency to knock tall poppies, especially those tall poppies who have made a complete fool of them.
iron ore price, page-54
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Last
$21.86 |
Change
0.040(0.18%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14450 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.87 | 152 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |