euro why would fmg is the spate of a couple months pay off over $1B in debt ?? Do they have a feeling iron ore won't go back in the $30s or $40s
surely they would know better than anyone else, If they knew it was heading back down there then hold of on the re-payments until it crashes then buy the debt at a heavy discount
was the chinese 5 year plenum good enough reason for them to think fe would trade in a much better range then prior to Jan/Feb 16 ?
Iron Ore Price, page-7803
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |