You've miscalculated. The book value of a company is its net assets divided by the number of shares on issue. Therefore as at 31/12/15 it is 1,996M/435M which is $4.58.
You may be talking about tangible book value though.
DOW is also a profitable company so it's real value is much higher than $4.58.
Furthermore, FMG terminated MAH's mining contract at Christmas Creek and gave to DOW on Friday.
https://au.news.yahoo.com/thewest/a/26369692/fmg-rocks-macmahon-with-780m-blow/
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Last
$5.78 |
Change
0.060(1.05%) |
Mkt cap ! $3.626B |
Open | High | Low | Value | Volume |
$5.78 | $5.88 | $5.77 | $3.584M | 617.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8576 | $5.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.80 | 9210 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11207 | 7.790 |
9 | 88463 | 7.780 |
14 | 155873 | 7.770 |
4 | 46490 | 7.760 |
4 | 41979 | 7.750 |
Price($) | Vol. | No. |
---|---|---|
7.810 | 15057 | 2 |
7.820 | 86140 | 8 |
7.830 | 173913 | 17 |
7.840 | 107016 | 11 |
7.850 | 23268 | 5 |
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