I think your comparison of FMG to BHP if flawed.
Firstly BHP is diversified and had a track record for many years but FMG has not.
BHP only mines high quality large low cost resources and has better quality than the majority of the market but FMG doesn't.
BHP is lot bigger company and can absorb market movements better than FMG because of diversification. BHP marginal cost means they are the first to increase production and last to decrease production which gives them a market advantage. They benefit the most from high prices and price spikes.
Due to the volume, quality and consistency of BHP product it is given a much higher value as an asset by market. If you are going to make comparisons keep it in context.
- Forums
- ASX - By Stock
- Worst case value 70- 92cent
I think your comparison of FMG to BHP if flawed. Firstly BHP is...
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B |
Open | High | Low | Value | Volume |
$18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | $18.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.76 | 47022 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | 18.750 |
1 | 160 | 18.700 |
1 | 700 | 18.680 |
4 | 4019 | 18.660 |
7 | 8200 | 18.650 |
Price($) | Vol. | No. |
---|---|---|
18.760 | 47022 | 3 |
18.780 | 1700 | 2 |
18.790 | 41681 | 1 |
18.800 | 18123 | 4 |
18.820 | 53827 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |