"Where do you get the assumption that even if the Chinese bought the company they would proceed with the projects and employ the 30,000 people?"
Also a big assumption that overseas miners particularly Chinese companies would run their Australia mines at a profits! they would probably try to operate it at a loss as their main game is is secure security of supplies for their mills. Now that there is almost no bench mark price for iron ore, who is to say what they can sell their ore for!
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Last
$18.21 |
Change
0.400(2.25%) |
Mkt cap ! $56.06B | |||
| Open | High | Low | Value | Volume |
| $18.08 | $18.35 | $18.00 | $266.8M | 14.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1774 | $18.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.21 | 2913 | 5 |
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| Last trade - 16.20pm 23/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |