FYI:
Platts January Averages 62% US$76.03; 58% High AL US$49.56; Discount 35%
Platts February Averages 62% US$87.33; 58% High AL US$62.07; Discount 29%
Yesterday:
Platts 62% US$84.80; 58% High AL US$67.90; Discount 20%
Platts 62% US$84.80; 58% Low AL US$77.00; Discount 9.2%
FMG 56.7% is roughly US$67.90 ATM
FMG 58.3% is roughly US$77.00 ATM
I have the following estimate:
January: FMG overall discount 28%
February: FMG overall discount 23%
Yesterday 14% discount overall.
No wonder FMG is returning a lot of money to shareholders, at 20% discount, FMG is generating around US$500M of cash flow a month ATM.
DYOR
Frank
Iron ore price, page-10629
-
- There are more pages in this discussion • 42,355 more messages in this thread...
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
$22.60 |
Change
0.495(2.24%) |
Mkt cap ! $69.53B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $51.79M | 2.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7172 | $22.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.60 | 9461 | 20 |
View Market Depth
| Last trade - 13.46pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |