My point is .... think you are confusing the point.
FMG get paid in USD for the iron ore. Debt is in USD.
If the AUD goes down vs the USD .. this is a good thing. Means we lowering the operation cost
since the AUD is dropping.
So what the debate about paying debt in USD ? ... Dont get it ....
Debt, page-103
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |