never ceases to amaze me how quickly this stock can fall
even at 113 they are making a good $30 per tonne and at 155mt not bad cashflow
the big question is when does the fall in fe stop...chinese production will have to be hurting soon
why wouldnt bhp/rio/vale have a crack at fmg then go back to the 3 strong cartel and strangle production when they need to get price strong again.
wishful thinking i suppose
stairs on the way up escalator on the way down
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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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |