Promoting no, stating yes. If I put PLATTS IO futures prices for period 1/7/18 to 30/6/19 into my FMG forecast model I get:
1. FY2019 PAT = US$724m
2. FY2019 EPS = US$0.24
Hence reason for current SP decline (greater than ASX200) and my FMG shorting strategy
Please DYOR
Iron ore price, page-5815
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Last
$16.20 |
Change
0.000(0.00%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $16.35 | $16.07 | $18.54M | 736.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5011 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.50 | 124 | 1 |
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| Last trade - 09.56am 05/09/2024 (20 minute delay) ? |
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