Look, FMG is a cash cow.US$4.1 billion in net profit in the first half, and that was at an average of US$121.84 realised IO price. Guess what- the IO price has risen further since December, and we are already half way through Q3. These kind of profits are astounding.
Iron Bridge may be a glitch- but let's keep things in perspective here. Who makes these kinds of profits? Please show me another co on the ASX that is acheiving this- other than another major miner.
Iron ore price, page-28065
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |