FMG 1.52% $22.02 fortescue ltd

Iron ore price, page-43864

  1. 2,158 Posts.
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    Here is a clarification to my point made. Half year report profit is based on the average price achieved during that period of time. I calculated averages for 58% and 62% and found that 70% discount mentioned in the report is perfectly matched with 70% x (average price of 62%Fe) = (average price of 58%) where average is calculated over the period from 1 Jul 2021 to 31 December 2021.
 
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