FMG 1.24% $21.59 fortescue ltd

Will FMG be taken oven?, page-25

  1. 2,304 Posts.
    I am talking total debt. Mmarket cap is 9.5b. Total debt is 9.56b. Total debt greater than their market cap. If you take of the cash they have, which is 2.4b. You are left with a Debt left is 7.16b. Regardless a bill here or there. They have a lot of debt. And if the IO price keeps dropping, at some point debt will be greater than revenues. Either way they are no in good shape IMO. There are better plays. Like MGX, BCI. Cheers.
 
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Last
$21.59
Change
-0.270(1.24%)
Mkt cap ! $66.47B
Open High Low Value Volume
$21.71 $21.80 $21.51 $95.00M 4.393M

Buyers (Bids)

No. Vol. Price($)
2 7115 $21.56
 

Sellers (Offers)

Price($) Vol. No.
$21.59 4291 2
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
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