This is logical. I’m sure they have already run the ruler over everything in the area. You could make the same argument that the hype has come out of lithium as well as copper vs iron ore making a good window of opportunity. Not sure if it’s possible but perhaps the expanded PLS would be big enough for FMG.
Point remains they have a long term issue maxing profits selling only 58% or a bit higher.
The acquisition window is open!, page-3
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.47B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |