To be fair, he's spot on that fmg should have been bidding on diversification assets and not Twiggy entity. It would be basically impossible for the board to buy stuff that FMG needs without Twiggy support. So it won't be diversified unless he says so and so the share price languishes until hydrogen eventually comes good. I'm not worried as the yield is very high as a result of not allowing the company the diversity into other deposits.
Iron ore price, page-40469
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Last
$16.18 |
Change
0.060(0.37%) |
Mkt cap ! $49.84B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.29 | $15.91 | $41.54M | 2.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 7286 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.18 | 1985 | 15 |
View Market Depth
| Last trade - 11.14am 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |