FMG 1.72% $22.48 fortescue ltd

Iron Ore Price, page-17974

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    So far 2 x major earnings today:

    DOW: Revenue A$3.6B, NPAT A$78.2M, Market Cap: A$2.7B
    TAH: Revenue A$1.16B, NAPT A$58.9M, Macket Cap: A$3.9B

    *FMG: Revenue US$4.46B or A$5.88B, NPAT US$1.2B or A$1.58B, Market Cap: A21.2B
    **RIO: NPAT US$4.694B or A$6.19B, Market Cap: A110B

    *My estimate.
    **Bloomberg

    And this is based on last 6 months where IO price is much lower than what it is today. Looks like Material Sectors will have very high yield this year, and FMG compares to it's peers, well undervalued.

    Volume well down from last 2 days, expect to finish in the mid $5.8s. IO Future tomorrow should open up big and hopefully push the SP over $7.... or I'll get the sack, hehe.

    DYOR.

    Frank.
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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
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