As they say your a gentleman and a scholar.
Now as you and many have gathered fmg runs it's buiesness headquarters from here as opposed to bhp and Rio who has powers to be both here and London .
Fmgs relationship with China is akin to batman picking up the phone to Robin the other 2 are like picking up the phone to an overseas telemarketer ,in other words China needs fmg to keep the Other bastards honest now more than ever to keep the price of iron ore from breaking out more than ever .
Ask your self this if AF found a prospective and proven resource not developed yet and spoke to his Chinese counterparts knowing them as they know him wouldn't they jump at it and fund it entirely with complete trust I say yes at a drop of a hat .Why ? Well reason is to again keep the other 2 Basterds honest again .
This is the important comment below
No big mining company should take over companies in Bull markets and pay above and beyond only buy in Deep Recessions .
Don Argus told me that once and the way he said it to me had a lasting impression.
Again I wonder who AF is talking to now
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-26819
-
-
- There are more pages in this discussion • 25,971 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B |
Open | High | Low | Value | Volume |
$21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93 | $21.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.41 | 12657 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93 | 21.400 |
2 | 3150 | 21.350 |
1 | 200 | 21.330 |
2 | 1046 | 21.320 |
1 | 1000 | 21.310 |
Price($) | Vol. | No. |
---|---|---|
21.420 | 1200 | 1 |
21.450 | 1500 | 1 |
21.510 | 2020 | 1 |
21.520 | 951 | 1 |
21.530 | 1500 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online