FMG 1.10% $19.76 fortescue ltd

Iron ore price, page-41646

  1. 7,769 Posts.
    lightbulb Created with Sketch. 2354
    I honestly don't see how your example is relevant.

    Costs can increase in USD terms, absolutely, but that's different to costs rising BECAUSE OF THE USD.

    Any cost that rises because of the USD, should be offset by revenue received in USD. In fact, in my example strengthening USD actually results in greater net Income for FMG investors due to the base affect.

    If costs increase, it doesn't matter if they are in USD or AUD, costs just increase. I think you are confusing the two.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$19.76
Change
-0.220(1.10%)
Mkt cap ! $60.84B
Open High Low Value Volume
$19.66 $19.80 $19.20 $191.1M 9.763M

Buyers (Bids)

No. Vol. Price($)
3 4673 $19.73
 

Sellers (Offers)

Price($) Vol. No.
$19.76 31740 2
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.