maybe looking to secure a bigger stake in a smaller near term producer..
any speculation is purely that of course. but there are a few on the grid waiting to start their engines..
BCIron, IFE, IOH, even MOL and a few others besides the ones I mentioned.
I eman, why stick with a small share in FMG when you could more or less get the whole of another company for that sort of money, bring it to production quickly and then set you own ore price to upset rio and BHP. I think they hoped to do that with FMG, but were just too late.
but who knows
maybe looking to secure a bigger stake in a smaller near term...
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |