They wouldn't, but that doesn't mean this information isn't material to FMG's valuation. Production delays mean less iron ore supply in the future which will lift analyst long term iron ore price assumptions, across the board and therefore FMG's valuation.
I have no idea why, but I note Macquarie upgraded FMG today.
They wouldn't, but that doesn't mean this information isn't...
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Last
$18.33 |
Change
0.360(2.00%) |
Mkt cap ! $56.43B | |||
| Open | High | Low | Value | Volume |
| $18.11 | $18.49 | $18.10 | $176.9M | 9.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78 | $18.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.35 | 100000 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |