With Iron Ore now at $110 a tonne ($100 for 58% Fe contnet) , the AUD/U.S at 69c and with approx 7 million tonnes exported in the next 2 weeks - FMG will make PROFIT in these last 2 weeks of the financial year of AUD$600 Million.
It is truly mind boggling the amount of cash profit this company is currently generating!!!!!
Iron ore price, page-13317
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$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
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