FMG 0.45% $22.10 fortescue ltd

because it doesn't fit the agenda.at $70usd a tonne the SP in...

  1. 748 Posts.
    lightbulb Created with Sketch. 68
    because it doesn't fit the agenda.

    at $70usd a tonne the SP in the model comes out around $8.80 (pretty close to where we are today).

    Of course prices are currently $120 a tonne, discounts are sub 10% and AUD is at 69c rather than 70-71. I understand that the model isn't designed to be a point-in-time measurement (and especially if that point-in-time is today, where metrics are close to all-time-highs) - but your point is very valid - if you are going to propose an average or historic average figure, it should be accurate.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$22.10
Change
0.100(0.45%)
Mkt cap ! $68.04B
Open High Low Value Volume
$21.99 $22.22 $21.87 $84.79M 3.834M

Buyers (Bids)

No. Vol. Price($)
2 9803 $22.09
 

Sellers (Offers)

Price($) Vol. No.
$22.11 10620 3
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.