Good afternoon my fellow investors.
First l would like to thank all participants for their posts and points of view, it does make for interesting reading. However I am new to investing and am still teaching myself about how share value's are calculated based on market variables and fluctuations.
My question to fellow posters is what would FMG be worth if the Iron Ore price fell to $40 per tonne? The Brazilian's have plenty of the stuff in the ground and their economy and crooked politicians are struggling along and to add insult to injury recent supply only deals with the Chinese makes our offers less favourable.
Are their websites or tools out there that do this effectively.
THX
Iron Ore Price, page-242
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |