True, but if the commodity price halves they have to produce twice as much production to make the same return, not to mention that ramping up production costs more in overheads. I know first hand that it's not nice when someone doesn't agree with the cheerleaders, all I'm saying is i will buy FMG but not until this whole scenario plays out. The guy i commented on yesterday was making crazy predictions of a $21 shareprice for today, surely the forum needs some balance?
Iron ore price, page-54248
-
- There are more pages in this discussion • 1,010 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |