i dont get the big scare mongering over this..tomorrows deadline is more so about who is accepting the rollover of debt
they obviously will get it done as it just depends of where the coupon will meet the market
but if not so what..they have $2bln on the books to pay interest..current cashflows are over 1bln a year even down at this level and at a worse they can sell rail, airports etc
they have 2,3 and 4 years until those debt payments are due
i believe more so the stock is here cause of an outlook for fe
as i said work out the their cost at approx $41 dmt (probably lower)all inclusive at the moment (ex depreciation)versus 85% of current fe price and there is still some nice cash being made
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$17.43 |
Change
-0.060(0.34%) |
Mkt cap ! $53.66B |
Open | High | Low | Value | Volume |
$17.56 | $17.84 | $17.21 | $174.0M | 9.955M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | $17.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.46 | 25752 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 17.410 |
2 | 2025 | 17.360 |
1 | 1700 | 17.330 |
2 | 1284 | 17.320 |
1 | 1000 | 17.300 |
Price($) | Vol. | No. |
---|---|---|
17.460 | 25752 | 1 |
17.470 | 22913 | 3 |
17.480 | 85663 | 2 |
17.490 | 41866 | 2 |
17.500 | 20329 | 3 |
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