I have been saying since earlier this year when BHP was $27.00 and FMG sub $2.00 that BHP should scrip bid FMG. Combine the operations and lower interest costs on debt. Create a 400 million + ton producer. More difficult now but should still be done looking long term over the next 10 years+. It would have to be an attractive bid to secure Twiggy but imagine a BHP with FMG management running IO operations and Twiggy on the board.
Iron Ore Price, page-2851
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Last
$21.55 |
Change
-0.310(1.42%) |
Mkt cap ! $66.65B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.53 | $32.24M | 1.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1528 | $21.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.56 | 4278 | 19 |
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| Last trade - 12.04pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |