I think Twiggy would be happy to have more chinese investment in FMG. That would give more strength to long term contracts.
Expansion ,is the next priority for FMG.
Plenty of Iron ore around.Without solid contracts what is the chance be for smaller explorers that are in early stage of developement ?
FMG achieve so much in short space of time .Now gained a good reputation . Expansion = supply .Supply and demand.
China got the strength and won't allow BHP and RIO to name their terms over long term.
FMG looking better everyday .Even better in thelong term.
That is my opinion .
I think Twiggy would be happy to have more chinese investment in...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |