Right about what are you referring to please elaborate.
Iron Ore price is down so what, does FMG need to sell all the office desks to survive or what in your opinion.
Its been down before to $20 and FMG is still here making BILLIONS.
FMG will be at $13+ by the end of the year if they just do a few things more right other than just focus on debt payments.
The one simple thing you need to understand is FMG is making money.
Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
Warren Buffett
Read it 6 times and then please tell me where its the end of FMG.
Iron ore price, page-687
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Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1380 | $21.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 28571 | 3 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |