FMG 1.96% $17.97 fortescue ltd

Iron ore price, page-11550

  1. 187 Posts.
    lightbulb Created with Sketch. 45
    BSL - was about same SP as FMG 2 years ago- went to a high from $6 to $19, and they are $7b market cap- FMG making sheetbload more profit and are $23b market cap,

    never understand why a metal maker or user of ore would have jumped so high , and especially so much greater than FMG when we make more profit and better divis to share holder.

    i know they have bought heaps of shares back but , even with this all considered I do not understand the SP discrepancy.

    can anyone explain this variance to me?

    kind regards

    MJAK
 
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$17.97
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$18.10 $18.28 $17.97 $250.7M 13.82M

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7 104054 $17.96
 

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$18.07 4370 1
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