Spuza
There were no missed expectations. The consensus analyst forecast for net profits was 1.5billion AUD. FMG beat this by 90m, it beat on cash costs, it beat on average realised prices. There was no miss.
It did flag a significant increase in capex going forward from 300m to 780 but 270 of that is the ore carriers. Over a half year its only and increase of 200m. Not significant.
Iron Ore Price, page-19497
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |