Hi Frank
While the short term has been tough for many and it might continue and worsen. I still see a young company that now has time on its side.
Due to operational efficiencies and getting the balance sheet in order. ( imagine the share price reaction if they had not been paying down the debt?) they have the time and the financial strength and ability to grind out a low iron ore price.
The long term looks fine. I do agree that the grade issue and price realisation in the last quarterly is a worry.
Management has proven there ability to excel in the FE market.
Time.
Just the the views of a long long... who does not trade.
- Forums
- ASX - By Stock
- FMG
- Iron ore price
Iron ore price, page-741
- There are more pages in this discussion • 51,389 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$26.41 |
Change
-0.230(0.86%) |
Mkt cap ! $81.31B |
Open | High | Low | Value | Volume |
$26.41 | $26.65 | $26.33 | $75.04M | 2.837M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 26657 | $26.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.46 | 10251 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5638 | 26.410 |
1 | 2265 | 26.400 |
2 | 10621 | 26.390 |
1 | 29827 | 26.380 |
4 | 2861 | 26.370 |
Price($) | Vol. | No. |
---|---|---|
26.500 | 2702 | 2 |
26.520 | 2672 | 2 |
26.540 | 14756 | 5 |
26.550 | 2032 | 1 |
26.570 | 10621 | 1 |
Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
|
|||||
Last
$26.47 |
  |
Change
-0.230 ( 0.66 %) |
|||
Open | High | Low | Volume | ||
$26.43 | $26.65 | $26.33 | 548170 | ||
Last updated 15.59pm 09/05/2024 ? |
Featured News
FMG (ASX) Chart |