At least this is the first step towards common sense. Reduce costs and maintain production but not increase costs and production.
Even more sense would be reduce costs and production even more as there must be a point where maximum profit can be made from minimum expenditure.
https://au.news.yahoo.com/thewest/b...079844/fmg-says-it-wont-lift-iron-ore-output/
Time for a Iron Ore cartel !!, page-2
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |