CSI,
But if that happens won't governments go on infrastructure construction binges (eg us iron ore) to get economies going again.
Not in FMG, but now start up risk is largely behind, and the price is reasonable again I might take another look - despite your BLATANT DOWNRAMP. One company that has proved they can deliver on very big talk, to rival the industry giants. $20bn for 45 or 55 ktpa may be expensive, but having delivered so far, behaps we should believe we will be getting 160+ ktpa in short order?
So where is your precious charting support for your downramp??
EL
ospraie fund may have had a fmg position, page-30
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Last
$21.79 |
Change
-0.030(0.14%) |
Mkt cap ! $67.25B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $93.79M | 4.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2495 | $23.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.71 | 55324 | 15 |
View Market Depth
| Last trade - 15.59pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |