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.
Here is a clarification to my point made. Half year report...
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |