FMG 1.20% $21.41 fortescue ltd

at current levels of fe and spot they on p/e of 10 but fcf of $1...

  1. 2,425 Posts.
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    at current levels of fe and spot they on p/e of 10 but fcf of $1 aud a share

    this is assuming the discount stays in place (it wont) and secondly before the futures ripped another 3% today

    this is a joke

    and honestly the only criticism i have of management is they need to be more promotional. we trading at less than 6% above book value

    i wanted to cry yesterday i saw min on close to 18 times they service the same industry we in, have a small fe mine and have smalllithium

    i mean give me a break

    forrest is hated but so what, go borrow 2b and buy back 400m of your shares and force these guys to cover and index huggers to buy. you wont even get a share
 
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Last
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

Sellers (Offers)

Price($) Vol. No.
$21.41 12657 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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