Feeling of deja vu
You are right of course as FMG sit at the wrong end of the margin curve, but you will hear repeatedly that this doesn't matter as they are lowest cost.
Given it is a large pure play, and much more leveraged to price (significantly lower margins) that the other majors, FMG is the perfect proxy for a view on iron ore price (buy or sell).
Feeling of deja vu You are right of course as FMG sit at the...
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Last
$22.04 |
Change
-0.320(1.43%) |
Mkt cap ! $67.86B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $21.98 | $158.0M | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39363 | $22.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.05 | 1722 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |