GS snapshot of expected capex over the next five years for replenishing iron ore capacity, FMG being at the upper end for capital intensity attached.
The estimate for FMG (to simply stand still production wise) is US$2.75B circa 2020, or around A$1.20 per share (which of course is large measured to FMG's market cap)
Which is why spot multiple valuations, or complaining about perceived discounts to Rio really miss the mark. Not to mention missing what the market is telling you.![]()
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-559
-
- There are more pages in this discussion • 52,322 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B |
Open | High | Low | Value | Volume |
$22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $22.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.42 | 11435 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 962 | 22.380 |
1 | 44 | 22.360 |
4 | 4029 | 22.350 |
1 | 1400 | 22.340 |
3 | 819 | 22.320 |
Price($) | Vol. | No. |
---|---|---|
22.450 | 5246 | 2 |
22.500 | 476 | 1 |
22.600 | 6706 | 3 |
22.620 | 3200 | 1 |
22.630 | 2500 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |