FMG is a simple company. It's production volume is known and it only produces iron ore. We all have access via Google to the Iron Ore cost curve and price history.
So brokers have no better information than a HC person does to value FMG.
Iron Bridge technology and potential issues are as known to HC people as they are to brokers. Iron Bridge does not start commissioning until late next year so brokers have no better information than HC posters on how commissioning and ramp up will go at IBO.
A person on HC who takes the time do research about FMG has an equally valid opinion as a broker.
Iron ore price, page-39916
-
- There are more pages in this discussion • 14,056 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |