The current market cap of this stock is well past ridiculous.
The earliest they will ship iron ore is 4Q 2008, between now and then expect it to be delayed until 2Q 2009 at the earliest.
On a tonnes in ground vs market cap comparison FMG is making RIO and BHP look cheap.
And they aren't making a cracker.
Twiggy will unload this sucka quicker than a rat up a drain pipe early next year as the tide turns against FMG and then it'll be Anaconda all over again.
Ahahahahahahahahahaha
report fmg going to 60 dollars , page-27
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Last
$20.19 |
Change
0.045(0.22%) |
Mkt cap ! $62.10B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $20.01 | $71.97M | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5252 | $20.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.19 | 784 | 6 |
View Market Depth
| Last trade - 13.18pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |