Maybe our Board should look at how Andrew Forrest succeeded with FMG right under the noses of Rio and BHP in their backyard. At one point FMG 600 bagged over a five year period: 2 cents to A$10.
Indeed!
A lot of people still have no idea what made FMG different from FMS and many others.
As for the 2 cents to $10 in five years, well, to be more accurate in the money of the time (FMG split in Dec 2007), it went from 4 cents in December 2002 to $62.80 exactly five years later, on the day prior to the split.
That's right, four cents to $62.80.
FMS had much promise and was going well, until the board went all soft and soggy. Then the Russian fiasco pushed it in to the 'we-don't-know-what-is-going-on" basket.
A recovery situation with the right promotion.
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80.0¢ |
Change
0.060(8.11%) |
Mkt cap ! $159.8M |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 79.5¢ | $501 | 627 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 305 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 16539 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 305 | 0.740 |
1 | 2075 | 0.730 |
1 | 15151 | 0.660 |
1 | 10000 | 0.650 |
2 | 65000 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 16539 | 4 |
0.820 | 2173 | 2 |
0.830 | 2941 | 1 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
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