Cash flow doesn't lie. Just read the statements. FMG is a clean single commodity business so the statements are very clear. Unable to study BHP or RIO as well since there is not the clarity with the IO business mixed up with the other units. What does seem clear is that over the last seven years BHP and RIO have wasted some of the earnings from Pilbara IO on overpriced expansions into other areas.
IMO DYOR
Iron Ore Price, page-2651
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Last
$20.10 |
Change
0.000(0.00%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6938 | $22.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.72 | 261 | 2 |
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| Last trade - 09.45am 30/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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