Wholly owned within FMG, this will generate a new financial services stream into the future. . A. FORTESCUE METALS GROUP LTD - Discussion. 's 33-year Channar iron ore joint venture with Rio Tinto has ended, but the Chinese group is in talks with Western Australian majors to become equity partners for the development of its A$9. AX stock on Yahoo Finance. I dont think this has anything to do with the H gas furphy. 0. , page-49. FMG has shown lows at 19. F. Average price received: USD$88 a tonne . Created with Sketch. Fortescue Metals Group. Goldman Sachs rates ((FMG)) as Sell (5) - Fortescue Metals reported a June quarter operating result that was in line with Goldman Sachs' estimates. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG was hit hard at open but intraday recovery x 3 waves, bullish positive candlestick with volume confirmation. 319576. Given the momentum in the markets, and the mining sector, record highs $26 is almost a given. Pretty much everybody (except FMG holders) thinks the Chinese economic 'miracle' is over. By Tim Treadgold - April 5, 2022. HotCopper Holdings Limited's current share price is $0. 50 TARGET. Minus shipping & Moisture, our profit per tonne is $75. 4,480,436. So say the FMG share price after going ex dividend and before the next dividend in 2022 gets back to $21 your FMG 10,000 parcel of shares that you bought for $2. Sources familiar with the matter confirmed to S&P Global. FMG. 30 % we arrive at Fully Franked dividend of . Many brokers got badly burnt when they bet that Twiggy wouldn't get FMG going in the early days. The broker has a sell rating and lowly $13. 21 final dividend. Share Thanks bluey. The Fortescue board decided to bump up its fully-franked full-year dividend to $3. 43 Sentiment: None Disclosure: Held Created with Sketch. Without the massive Chinese stimulus, and subsequent huge rise in IO prices in 2016, FMG would have collapsed in a year or two. Share (Adds details, background on recent management exits from paragraphs 2-4) Sept 1 (Reuters) - Guy Debelle, former Fortescue Future Industries' (FFI) finance chief, has resigned from the board of the iron ore miner's () green energy unit to join critical minerals firm Tivan () , the Australian Financial Review reported on Friday. 98. That means investors participating fully in. 70 is $145/tonne, a $100 margin over C1. i have been watching fmg closely since its share price was $6 dollars before its latest run, which i think is coming to a end. And FMG will still survive it (and I and a lot others would buy a long train load of FMG shares !) FMG Price at posting: $17. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Share (Adds details, background, and company statement in paragraphs 2-6) Aug 2 (Reuters) - Fortescue () said on Wednesday Deborah Caudle has been appointed as the chief financial officer of Fortescue Energy, and will assume the role in September. NEWS. $10. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Nov 29 (Reuters) - Australia's Fortescue Metals Group () said on Tuesday Fiona Hick will be appointed as chief executive officer in February 2023. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG is going to produce green steel and export it to the world in the future. **Close price adjusted for splits and dividend and/or capital gain distributions. FMG has shown lows at 19. Three potentially significant discoveries over the past week have returned copper to the radar screens of investors, with the bonus being that demand for the metal appears to be outstripping. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Latest Posts. One reason relates to the miner's dividend. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. FMG has shown lows at 19. 86 in dividends (in other words I have received more in dividends in two and a half. FMG, RIO and BHP are global miners with their share prices impacted by global markets. Two and a half years after Chinese trade restrictions hit Australian products from coal to wine, a diplomatic thaw between Beijing and Canberra has raised hopes for a revival of exports and spurred businesses to take steps to rebuild ties. Great opportunity for people like me to buy more now before bouncing back strongly. ASX - By Stock. Fortescue Metals Group Ltd sentiment based on opinions from HotCopper, SeekingAlpha and others. BTW I am already laughing all the way to the bank. also, that the five projects are. I dont think this has anything to do with the H gas furphy. 32%. , page-173. I dont think this has anything to do with the H gas furphy. 20 price target on the. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. Mr Wells is one of FMG’s longest-serving senior bosses, joining the group in 2010 as FMG was experiencing growing pains. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Read More. 737 for its upcoming $1. Canadian Dollar. FMG has shown lows at 19. ASX - Day Trading. FMG has shown lows at 19. Almost like a bonus dividendCreated with Sketch. China doesn't 'have' to do anything. Whether China slowly fades or suddenly crashes it won't be good news for FMG, or any other miner. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The broker has a sell rating and lowly $13. Last updated 14. Volume. 18 by $0. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. This would give me a base case. The Calmer Co. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Best stock on the asx casino. Example to determine grossed up for Franking Credit value (Last FMG dividend . 2. Data last. FMG 6 months production: 97 million tonnes . Join the HotCopper ASX share market forum today for free. ASX - Day TradingFMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Fortescue has revealed shares issued under its dividend reinvestment plan will be priced at $17. Created with Sketch. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. There is a rumour that A. 7. At $85. Share. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Among Australia's top three miners, both Rio Tinto and Fortescue Metals Group (FMG) cut their shipments to China, according to the survey. Created with Sketch. Fortescue Metals Group Limited engages in the exploration, development, production, processing, and. 0. Volume. But bank shares all trade at a much higher PE than FMG. I dont think this has anything to do with the H gas furphy. It was always anticipated that IO would decline back to like $80/t and future dividends would head toward about 50c. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Allkem’s trip from HotCopper tiddler to $16b lithium major. FMG is NOT listed in ethical or green ETFs anywhereSinosteel Corp. Shows the business models side by side. . $21. Established in 2003, Fortescue is a proud West Australian company. Created with Sketch. I dont think this has anything to do with the H gas furphy. Pigsmightfly: "African iron ore will kill FMG" nek minnit FMG actually mining African iron ore, while Simandou still 5 years away from production, just as it was 5 years ago, and 5 years before that, and will be in another 5 years. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. obviously on the side. Target our investor community with our suite of Hotcopper Advertising opportunities. Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. I dont think this has anything to do with the H gas furphy. 65B. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Fortescue wants to popularise green hydrogen made with low emissions. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Advertise on HotCopper. FMG has shown lows at 19. Created with Sketch. FMG has been quiet about Iron Bridge production, other than the small amount they produced a few weeks ago. FMG has shown lows at 19. added to its stable. 1st Iron ore prices in 2021 were seen to be high only for a short time and the expectation was by some that the IO price would go back to recent (2015 -2018) lows of around 50 to 60USD per tonne. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 6. 65 a pound to a new all-time high of US$5. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Share. I dont think this has anything to do with the H gas furphy. 0K. Share. FMG has shown lows at 19. oh another fossil who hasn’t learnt the basics of market and reduced to a troll in hot copper, I have seen many like you who’s achievement is just starting. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. Forex. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. Fortescue Metals Group had a net margin of 28. See All Discussions. FMG has shown lows at 19. I still can't graphle with the valuation multiples the market is paying for FMG, but I do like the price action. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Departments in both AfDB and the Congolose governments that report directly to their respective Presidents. 50 ( mainly due to high shipping costs ) is my main consideration for this lower estimate. December 2022 Quarterly Production Report. I dont think this has anything to do with the H gas furphy. ASX - General. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Market open. Iron Ore - Overnight Price: $21. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Fortescue is a global green energy company headquartered in Australia. All the latest Fortescue Metals Group Limited (ASX:FMG) share price movements, news, expert commentary and investing advice from The Motley Fool Australia. Fortescue Metals Group (ASX:FMG) Share Price and News - StockTrack. MarketCreated with Sketch. (yes being sarcastic) FMG Price at posting: $21. FORTESCUE METALS GROUP LTD (ASX:FMG) - FMG Feb 2022 Div Guesses, page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum Forums ASX - By Stock FMG FMG Feb 2022 Div Guesses FMG fortescue metals group ltd FMG Feb 2022 Div Guesses, page-4 First 4 Last Haywan88 1,233 Posts. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. And then when hydrogen money has actually in the bookeeping ledger. FMG has shown lows at 19. wants to ask tomboy to become new CEO of FMG . AUD Tax Payable (@30%): AUD$1. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 10. FMG has shown lows at 19. 59pm 17/11/2023 ? HotCopper has news, discussion, prices and market data on BHP GROUP LIMITED. Will see if it rejects that record level like last time, or stays around that level. 5¢. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. AUD/USD Exchange Rate: $0. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. ASX - Day Trading. FMG has exclusive rights and any foreign governments, service construction providers will need to negotiate with FMG. Interesting report found on hotcopper thread including the following table. Woodside and. As you say scaleable and FMG are not short of the $ to get this rolling, just need others on board. Forums. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. 12 for $21,200 would then be worth $210,000 plus $74,000 in dividends = $284,000. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Last updated 15. Dividend will be 5 dollars per year. FMG has shown lows at 19. 70, page-844. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. . Market . A. ASX - By Stock. I dont think this has anything to do with the H gas furphy. read more. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. . 4% on week to 4. FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. I dont think this has anything to do with the H gas furphy. ASX - General. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Yes it is down from the $23 it achieved a few months now, but it is holding quite well within the $20 range. 22 Upvote. 32 Sentiment: Buy Disclosure: Held. 54 (2. $0. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Not expecting higher than $26-27 this yearTechnically I really like how BHP, RIO and FMG have just gradually declined over the past couple of days to their breakout levels. ASX - Short Term Trading. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Every time I watch Andrew talking about green hydrogen, I become more motivated to invest more in FMG . Market . We are a global business, focused on becoming the number 1 integrated green technology, energy and metals company. Nonetheless, he is the latest in a string of executive departures at FMG that now leave just two of the 11 members of the senior leadership team listed in the company’s 2021 still with the miner. 00 and 80 cents next dividend in September, FMG is a dividend machine with the iron ore price at $130. 20 per share, which is a little more pessimistic than others - The C1 costs up around $15. Key points. , page-2. I dont think this has anything to do with the H gas furphy. Share WEEKLY: China's iron ore port stocks shrink to 114 mln t Source: Mysteel Sep 28, 2023 Imported Iron Ore Inventory Imported iron ore stocks piled at the 45 Chinese major ports included in Mysteel's regular survey had reduced for the fourth straight week to 113. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Show News vs Index S&P/ASX 20 S&P/ASX 50 S&P/ASX 100 S&P/ASX 200 S&P/ASX 300 All Ordinaries Small Ordinaries All Technology Consumer Staples Energy Financials Health Care Industrials Info Technology Materials Real Estate Comm. I dont think this has anything to do with the H gas furphy. 09. Share (Adds background and details) Jan 9 (Reuters) - Australia's Fortescue Metals Group () said on Monday Ian Wells will step down as chief financial officer of the group at the end of this month, adding to the list of latest resignations by senior executives to hit the iron ore giant. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. 65% has a ~15% premium over 62%, expect ~30% premium over 62% for our product. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Since then, and including the recently announced dividend of $0. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Can hotcopper please delete this thread. Fortescue Metals Group Ltd (FMG), an ASX-listed company, is an ASX listed company which is into exploration, development, production, processing and sale of iron. 8 dry/ 15. Market Cap $77. FMG has shown lows at 19. 8985. Fortescue Metals Group Limited (ASX: FMG) is an iron ore production and exploration company in the Pilbara region of Western Australia. FMG has shown lows at 19. GLTAHs . Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. Uaroo will consist of 340 wind turbines and a large solar farm. However, the country's iron ore shipment to its largest consumer China had slipped for the second consecutive week by another 732,000 tonnes or 4. Services Utilities More than 90 per cent of FMG's iron ore is sold to China. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. As of 2017, Fortescue is the fourth-largest iron ore producer in the world. Created with Sketch. Green hydrogen will make FMG tens of billions and our divvies far fatter. $10. Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. As we are only 4 weeks away from end of this half, I wanted to kick off a discussion around what the Interim Divvie is going to be. 75c. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I thought last night’s US CPI reports were pretty good, with Core CPI most watched by the Fed dropping year on year from 4. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. By that time of news about selling hydrogen, FMG WILL already BE too high to get in. I dont think this has anything to do with the H gas furphy. FORTESCUE METALS GROUP LTD (ASX:FMG) - FMG Feb 2022 Div Guesses, page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum Forums ASX - By. FMG share of 69%, = 13. FMG 'All in' cost: USD$55 a tonne (incl. I dont think this has anything to do with the H gas furphy. 44% and a trailing twelve-month return on equity of 27. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. See the latest Fortescue Metals Group Ltd stock price (FMG:XASX), related news, valuation, dividends and more to help you make your investing decisions. FMG has shown lows at 19. 03. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Add FMG (ASX) to my watchlist (20min delay). 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. 26 was stunning, this daily pattern is nowhere near the false start shorting patterns of the past few years. IOP still rising and FMG SP rising unjusifiably way higher than the IOP as usual. After reading the transcript it does seem to indicate that the investment return test is being applied but Twiggy needs to understand he is perceived as FMG more than Dr AF. FMG has shown lows at 19. Whilst this may take several years to work through, we believe that FMG will be hard pressed to maintain their current cost basis beyond financial 2017-18. If AF or FMG want to corner the rare earths market they have been terrible at it imho. Fortescue Metals Group Limited (ASX:FMG) posted its quarterly earnings results on Wednesday, February, 20th. Only read tomboy advise because he knows without tomboy‘s advises throughout the years FMG would have been down the drain !! Tomboy deep knowledge of IO business and political understanding will be needed for years to come to navigate FMG through tough times . 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 75 cents) Unfranked dividend was $1. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. 1st Iron ore prices in 2021 were seen to be high only for a short time and the expectation was by some that the IO price would go back to recent (2015 -2018) lows of around 50 to 60USD per tonne. , page-173. ASX - By Stock. HotCopper has news, discussion, prices and market data on FIREFLY RESOURCES LIMITED. FMG's all in cost of production is USD35 and its production is in the order of 180mtpa. Deputy Governor of the Reserve Bank doesn’t strike me as ideal training ground to be CFO for FMG, which includes funding and finance for an inter-generational pivot from fossil fuels to renewables and transitioning heavy, polluting businesses to a zero carbon future. just on a Decent Lithium Project. 0000. Dividend/Distribution - FMG, page-2. I dont think this has anything to do with the H gas furphy. He would also like the cash. Its obvious now FMG's long term strategy is to expand beyond Iron Ore, so we need a new thread!Twiggy has signed a few deals now for Hydro-power, Hydrogen. Andrew Forrest’s statement on Fortescue Metals Group’s planned acquisition of Williams Advanced Engineering (WAE), an offshoot of the Williams F1 team founded by the revered, late Sir Frank Williams CBE, back in January was hardly understated. FMG has shown lows at 19. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Created with Sketch. Expand "I don't understand where economists are thinking the future will require less steel. View today’s FMG share price, options, bonds, hybrids and warrants. Fortescue was originally focused on iron ore mining under the name of Fortescue Metals Group until July 2023. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. This would suggest to me [if the figures are right] that FMG must have to supply the Chinese at a set price for a period of time. , page-162. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Pigsmightfly: "African iron ore will kill FMG" nek minnit FMG actually mining African iron ore, while Simandou still 5 years away from production, just as it was 5 years ago, and 5 years before that, and will be in another 5 years. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I think there is a couple of good reasons why FMG has higher prices than even 2021. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer. Even better FMG will be back above the ex-div price 5 days after going ex-div DYOR . 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Dividend will be 5 dollars per year. Citigroup. $25. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. If house prices drop by 80% then all of Australia's banks will go broke. I dont think this has anything to do with the H gas furphy. In morning trade, the iron ore miner's shares are down a. FMG has shown lows at 19. FMG has shown lows at 19. Latest Posts. C1,interest, depreciation) Net Profit: USD$3. $25. FMG has shown lows at 19. Here's a few points to contemplate 1. They are calling it a BOOMLET, shows the fact that many who were hedging that iron ore will fall are taken by surprise, not sure how many will loose their house , cats and dogs believing these grad hires and shorting iron ore, history says its so unpredictable its always good be on the good side of trading rather than have unlimited. Minus shipping & Moisture, our profit per tonne is $75. FMG will be fine. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 11, equating to $11 billion and an 80% payout of NPAT. The. 57. FMG has shown lows at 19. 0. Our. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. Rumours can spread by posting entirely un-researched posts on HotCopper. Pretty much everybody (except FMG holders) thinks the Chinese economic 'miracle' is over. 8 Upvote. I think there is a couple of good reasons why FMG has higher prices than even 2021. However FMG. ASX - By Stock. Have never forgotten it. Charts. $0. I dont think this has anything to do with the H gas furphy. $24. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF.