Just a general question for anyone on the forum regarding the sharp increase in share price and accordingly enterprise value of FMG over such a short period of time.
Based on the current shares on issue of approx. 3.08Billion someone may able to explain why the enterprise value has risen from approx. 11.58B on the day the share buyback was announced ie 11th October 2018 (closing share price of $3.76) to approx. 17.64B today 5th February 2019.(share price of $5.97). What fundamentals have occurred / changed to move the enterprise value approx. 6Billion in such a short period of time? DYOR.
Iron ore price, page-9687
-
- There are more pages in this discussion • 43,288 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |