I don't agree about the debt being ok. I go in the opposite camp. That all debt is bad, no exception. And to much debt is even worse. If you need debt to buy something that you should not have. Then you should not be in business. FMG is at the to much debt factor and climbing. Right now i am not short or long. I am looking to go short on the rallies and will buy only if it trades between $1 and $2. Preferably closer to $1. That is the max price that this stock is worth now and into the future, based on my valuation metric system. Anything higher than $2, you are buying this one at a premium. Cheers.
Will FMG be taken oven?, page-85
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |