its always something with this stock
1. debt
2. grade
just cant get a consistent upward re rating given the excellent work on operations
all the debt paid down for no shareholder value...ev lower now than years ago.
the current price realization of 70%^ roughly isnt good but why cant the management come out and sell the story that its temporary, and magnetite project (can sell it)will allow some upside for the company
sell some sizzle for god sake, this whole the market will take care of itself is for knobs
go borrow 2b and put it into a buyback- do something!
Iron ore price, page-3736
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Last
$19.50 |
Change
0.620(3.28%) |
Mkt cap ! $60.03B | |||
| Open | High | Low | Value | Volume |
| $19.03 | $19.50 | $18.97 | $134.1M | 6.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $19.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 30744 | 25 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |