Fortescue will be releasing its December 2014 quarterly report next week on 29th January. This report will provide an update on Fortescue’s production, costs, received price and bank balances. Given disclosure regulations, we are unable to provide any specific updates in advance of this release but it is fair to say that Fortescue’s development, significantly reduced cost profile and focus on cash management has positioned the company to withstand the volatility which we are seeing in the iron ore price at the moment.
Like the comment "positioned to withstand the volatility" and "significantly reduced cost profile"
We may be in for a surprise on the upside on Thursday as the reply in my opinion seems, measured, fair and reasonable and lacks hype.
IS FMG Next ???, page-107
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| FMG (ASX) Chart |