I've heard this question by yourself I don't know how many times. You obviously haven't read through the transcript analyst call. First refer to page 8 then 14 and it might provide some insight into the enormity of what's being proposed.
https://www.fmgl.com.au/docs/default-source/announcements/investor-and-analyst-call-transcript30a2c899939d4a99a4f9e2b4803ebd16.pdf?sfvrsn=1a4c99a3_4
Tony
Iron ore price, page-47010
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Last
$20.12 |
Change
-0.020(0.10%) |
Mkt cap ! $62.13B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $20.01 | $89.27M | 4.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4951 | $20.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.12 | 4520 | 11 |
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| Last trade - 14.42pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |