Tomorrow’s report should not have any bad news
March quarterly figures are irrelevant and will be better than Dec figures
Realised price previously $47.0mt, March should be much higher and so far this current qtr even higher
FMG have already informed market about impact of the Cyclone so this is not an issue and they are ramping up production to offset loss of IO shipments.
Vales extra 30.0mt still does not cover potential shortfall in supply plus Chiba GDP figures very positive
Sp should recover somewhat in my opinion
However with FMG you never know
Tomorrow’s report should not have any bad newsMarch quarterly...
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$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| FMG (ASX) Chart |