DR,
Be careful of the posts you read on this thread, some will do their utmost to plant a seed across your driveway.
If your a FA investor not to worry, here are some valid points glenn lowcock would never tell you, BHP's Net Profit Margin for FY15-16 was -20.7%, FMG's was a healthy +13.9%
If your a FA investor just think...your funds are in the lowest cost iron ore delivered to China producer, The lowest cost.......that's a big deal.
I could point out many more positives for you just not now, If I had to pick a negative on FMG, I honestly can only think of one and its the 57-58% grade compared to 59-62% the other 2 majors mine.
Iron Ore Price, page-15410
-
- There are more pages in this discussion • 4,648 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |