Yeah they are scraping through the other side, companies like Altura and Alita have gone into administration and PLS has acquired AJM with an equity raise. PLS has survived for the last 18 months on reduced production to keep costs down but were one of the strongest lithium plays.
My point is MOU's mean nothing with Chinese companies. I hold over 10,000 shares with FMG, definitely not trying to talk them down. maybe DYOR before calling peoples comments silly other than a 1 month chart screen grab.
edit. grammer
Iron ore price, page-25389
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Last
$19.55 |
Change
-0.185(0.94%) |
Mkt cap ! $60.03B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $66.70M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1143 | $19.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.55 | 2934 | 5 |
View Market Depth
| Last trade - 13.59pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |