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$24.12 fortescue ltd

Iron ore price, page-613

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Lion2009

980 Posts.

27

13/04/17

15:54

Post #: 24063708
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Originally posted by Barkston ↑

Those retained earnings - or more correctly cash (which differs) - feed into FMGs valuation. CAPM theory would assume that fmg makes a cost of capital return on this through time.

Spaza remains obsessed with spot earnings without acknowledging that a year of FMGs earnings is required within a few years merely to maintain production. Still also ignoring that most LT iron ore price predictions are south of $60/t.

The market isn't ignoring the fundamentals, Spaza and blackeyed are.

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Barkston,

The market doesn't even know what the fundamentals are, and neither do you or anyone else for that matter.
We now live in a world driven by fear, alternate facts and social media.. Sentiment is king!!

I see FMG recovering. It may take sometime, but it will

FMG Price at posting: $5.50 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last $24.12		Change -0.200(0.82%)		Mkt cap ! $74.26B

Open	High	Low	Value	Volume
$24.34	$24.35	$23.96	$172.3M	7.145M

Buyers (Bids)

No.	Vol.	Price($)
1	10000	$24.10

Sellers (Offers)

Price($)	Vol.	No.
$24.12	84698	5

View Market Depth

No.	Vol.	Price($)
1	10000	24.100
1	10000	24.060
1	2500	24.050
2	566	24.030
1	333	24.020

Price($)	Vol.	No.
24.120	34296	2
24.130	5464	1
24.140	1000	1
24.150	4926	1
24.160	4274	1

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last $23.99			Change -0.200 ( 1.52 %)
Open	High		Low	Volume
$24.34	$24.35		$23.96	831019
Last updated 15.59pm 05/06/2024 ?

FMG (ASX) Chart

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