FMG should be worth $4 at present just in its infrastructure and forward cashflow projections, once debt is paid down considerably, and the iron ore price stabilizes which will occur in the next 4-7 years, the share price will be trading in a range of $8 -$11 plus. AF will be ready for retirement and might contemplate selling out at the top to Chinese, living happily and very comfortably in retirement with his increased billions.
Iron Ore Price, page-213
-
- There are more pages in this discussion • 19,845 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |