I'm hearing of cutbacks in staff numbers relating to further expansion, afterall, why dig it out of the ground now when it will be worth more later?.
This should all be good news for share holders in my opinion, as expansions slow the labour and constrution service provider markets free up from current costly levels.
The end result might be extensions of previous tonnage dates, by 12 - 24 months, at cheaper per tonne development cost that in the past few years.
I'm surprised that the "Experts" have this one as an "Avoid", I'm thinking at the current price this should be a buy?
todays increase, page-4
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |