I believe A.F & the board will need to consider more seriously offers made by Hebei Iron & Steel Group and Tewoo Group in China. Negotiations have stalled as differences in the price for these assets were far apart. So what is the next best alternative for FMG, it's inevitable asset sales will need to occur soon as the longer it remains outstanding the pendulum swings towards China. We need less intentional media leakage of a deal to a confirmation of a HOA being signed.
Iron Ore Price, page-1678
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |