@PigsMightFly
Yeah that's why the company is making billions in profit per year despite current IO prices, inflation and fuel costs through the roof. First hundred million litres of diesel usage already avoided. Watch what happens once they displace another 100 million litres of diesel the following year and there after. What happens short term only scares you. I buy. Medium to long term is a WHOLE different story. FMG is ridiculously undervalued just on it's IO business alone.
Iron ore price, page-47882
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Last
$20.02 |
Change
0.550(2.82%) |
Mkt cap ! $61.64B | |||
| Open | High | Low | Value | Volume |
| $19.72 | $20.47 | $19.51 | $210.5M | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 74300 | $20.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.03 | 100000 | 2 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |