Just a quick calculation, based on the increased 'earnings' of $92 / dmt, over previous quarter at $65 / dmt, FMG earned an additional $27 per tonne. At 46.6 Milllion tonnes for the quarter, that's an extra USD$1.2582 Billion of revenue. Or if we deduct the overnight IO price drop, it would only be USD$1.1184 Billion of extra revenue. That's USD$140 Mill . . . so it follows that it would wipe $1.5 Billion off the SP - NOT.
News: FMG Fortescue Metals Group Says Q4 Total Ore Shipped 46.6 MT, page-21
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |