Why is FMG dying?
Breakeven at roughly $36/t which includes interest payments.
At $42/t, profit at $6/t, and net profit at $4.2/t.
165M tonnes sold means net profit of $693M per annum.
The low AUD and energy prices would be helping FMG's bottom line too.
Why is FMG dying? Breakeven at roughly $36/t which includes...
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Last
$19.98 |
Change
-0.160(0.79%) |
Mkt cap ! $61.51B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $19.95 | $158.1M | 7.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5999 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.02 | 555 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |