given last year Q1 i/o price was around $90 and this year $170 (+90%) I think we can all imagine their profit result this Q1. I think FMG will no longer be in a net debt position rather a net credit position - what other large miner can say that. And oh, our AUD has also dropped under $US0.77. Even if i/o were to drop, their all in costs and possible credit position will deliver huge returns - imo
Happy to hold and if I had more loose cash, buy
given last year Q1 i/o price was around $90 and this year $170...
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Last
$25.03 |
Change
-0.710(2.76%) |
Mkt cap ! $77.06B | |||
| Open | High | Low | Value | Volume |
| $25.60 | $25.67 | $24.99 | $116.3M | 4.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9444 | $25.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.04 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/04/2024 (20 minute delay) ? |
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Last
$25.07 |
Change
-0.710 ( 2.57 %) |
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| Open | High | Low | Volume | ||
| $25.58 | $25.66 | $24.99 | 766445 | ||
| Last updated 15.59pm 16/04/2024 ? | |||||
| FMG (ASX) Chart |