December 2007 FMG had no revenues , and the SP hit $60
Then the dilution come 1/10 , and from 250m shares shoot up to 2.5 bil.
6 months later june 2008 , the share price hit $12 , without financial reports
2008 ended with $ 200m turnover , and IO exports was something like 30 m tons
Now the revenues is about 18 times as 2008 , and the IO exports 6-7 times greater , but the SP struggles to stay at $6
Also the amount of shares on issue are not much different since 2008 , and the debt was near $ 6 bil .
Am I missing something here ?
All IMO
Iron ore price, page-514
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$24.60 |
Change
-0.500(1.99%) |
Mkt cap ! $75.74B | |||
| Open | High | Low | Value | Volume |
| $24.88 | $25.03 | $24.04 | $207.8M | 8.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $24.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.60 | 74251 | 4 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$24.60 |
Change
-0.500 ( 1.70 %) |
||||
| Open | High | Low | Volume | ||
| $24.88 | $25.03 | $24.04 | 1422498 | ||
| Last updated 16.10pm 19/04/2024 ? | |||||
| FMG (ASX) Chart |