I believe once they get to 20% gearing then close to $20 or on par with BHP, the main reason is FMG is 100% FMG no other owners unlike rio and bhp, JV'S, stakes here and there, take all that away from rio and bhp and market cap fallsdown the hill, add what partnerships rio or bhp have to FMG then what would value be ?
Iron Ore Price, page-13811
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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
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |