Can appreciate your argument bark but from a mathematical perspective the rough numbers are reasonable no? The variable is how to put a mathematical risk into fmg as an investment. I wish I had that formula
Iron ore price, page-832
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Last
$25.73 |
Change
0.160(0.63%) |
Mkt cap ! $79.40B | |||
| Open | High | Low | Value | Volume |
| $25.72 | $25.86 | $25.63 | $41.79M | 1.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3476 | $25.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.73 | 412 | 7 |
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| Last trade - 14.29pm 03/05/2024 (20 minute delay) ? |
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Last
$25.78 |
Change
0.160 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.86 | $25.64 | 540473 | ||
| Last updated 14.49pm 03/05/2024 ? | |||||
| FMG (ASX) Chart |