FMG 0.86% $18.44 fortescue ltd

Realised price way above what was achieved last half year $48.00...

  1. 3,510 Posts.
    lightbulb Created with Sketch. 147
    Realised price way above what was achieved last half year $48.00 mt

    March qtr $71.00mt now at $80.00mt

    AUD now at $0.70 which adds to the bottom line, from memory they are using $0.75 in their projections

    If Citi Bank is correct and IO price stays at these levels or higher, sp surely will reflect this with a move back to the high $7.00’s if not over back to over $8.00.

    My opinion only
 
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$18.44
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$18.38 $18.54 $18.33 $196.7M 10.67M

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No. Vol. Price($)
4 1832 $18.42
 

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$18.45 1100 3
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