I'd say FMG are realising slightly less Karasco.
But say $120 (v. conservative) still amounts to half a billion in a month!
Based on circa 3 billion shares, that is a pretty good return.
Suffice to say the "quiet qtr" seasonally should yield circa $1.5bill. 10% ROE, annualised 40%.
Making hay while the sun shines. Pay down the debt while prices are high, FMG then really is "a force".
iron ore up again!, page-10
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Last
$21.59 |
Change
0.000(0.00%) |
Mkt cap ! $66.47B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $21.80 | $21.51 | $1.014M | 42.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1497 | $23.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.45 | 25483 | 1 |
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| Last trade - 10.00am 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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