Rod
I agree this level is likely to remain Simply making the point that even in a slightly higher IO price environment 110, FMG seems expensive. If this IO collapse happened a couple of years later FMG would be better placed to deal with it, unfortunately given their debt it's happening much too soon .
A big CR is the answer. Stop the downward spiral early . Think 1.5 -2 billion needed at least
fmg the lehman of the commodities bubble?, page-56
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Last
$18.33 |
Change
-0.160(0.87%) |
Mkt cap ! $57.17B | |||
| Open | High | Low | Value | Volume |
| $18.46 | $18.61 | $18.33 | $36.71M | 1.986M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10124 | $18.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.34 | 837 | 13 |
View Market Depth
| Last trade - 12.02pm 12/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |