Hi Cain
this is what’s happening at fmg at the moment, we are paying $500 M to get other investors to leave and we are taking their share of the assets
Quite so. But you are paying them $500M. You just got rid of $500M of assets out of the company. You have done nothing!
Only makes sense if you have no use for the $500m to start off with.
All it tells me is that the Directors have no faith in their own ability to invest $500 to drive returns.
Pear
FMG Dividend, page-46
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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