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.
Just a quick calculation, based on the increased 'earnings' of...
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Last
$17.43 |
Change
-0.060(0.34%) |
Mkt cap ! $53.66B | |||
| Open | High | Low | Value | Volume |
| $17.56 | $17.84 | $17.21 | $174.0M | 9.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $17.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.46 | 25752 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |