There's a lot of truth in that statement George.
FMG has ridden out an IO price far worse than the $60 one. In fact they survived when IO was half the price!!
That is was actually made them work harder to withstand a future downturn.
So this should be a walk in the park for them when you think about it.
Small chance they may recover quicker than we think.
Let's see hey???
There's a lot of truth in that statement George. FMG has ridden...
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Last
$16.20 |
Change
-1.500(8.47%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $16.25 | $16.35 | $16.07 | $242.4M | 14.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 31685 | $16.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.22 | 100 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |