FMG 0.35% $25.66 fortescue ltd

shipping rates are not $42 per tonne, and for FMG’s 8 ships that...

  1. 1,034 Posts.
    lightbulb Created with Sketch. 169
    shipping rates are not $42 per tonne, and for FMG’s 8 ships that they own, the shipping cost don’t fluctuate with the ship market so they have an edge over BHP there because regardless of the market price for shipping, on the owned fleet the shipping costs are just fuel, maintenance and wages.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$25.66
Change
0.090(0.35%)
Mkt cap ! $79.00B
Open High Low Value Volume
$25.72 $25.86 $25.63 $77.37M 3.012M

Buyers (Bids)

No. Vol. Price($)
3 11417 $25.65
 

Sellers (Offers)

Price($) Vol. No.
$25.70 2000 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$25.72
  Change
0.090 ( 0.55 %)
Open High Low Volume
$25.72 $25.86 $25.64 785342
Last updated 15.59pm 03/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.