Yes you could say diversification is the way to go but we see with many companies their diversifications bring them down and then the market loses faith overall. In the past few years FMG has paid back debt at a rate people would have thought was impossible . They have automated mining trucks to be world leaders . Who thought they would buy their own ships . I think the money is in improving what they know they do well. In my opinion too many diversify only to make the company weaker.
Iron Ore Price, page-15796
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Last
$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |