Seriously this is management that actually deserves whatever the performance rights - check out the cash cost -12 bucks SERIOUSLY. I had to do a double take. I have now become a medium term holder if this stock and will day trade to lower my purchase cost only. Seriously now if io collapses, fmg will actually benefit as it is at the premium end of the cost curve.
Production and cost - maintained one and improved on the other.
I'll be honest I'm hoping io comes down a tad and fmg retraced again into the 5s for me to add. I reckon if we have a neutral dow day we will see fmg test the crucial 6.96 mark tomorrow.
Iron Ore Price, page-17869
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |