Debt is $4 billion but cash and cash equivalents is $6 billion. I.e. no net debt
Today is ex-dividend day, so all things being equal a drop of $2.15 is on par.
Additionally, there is always a drop after ex dividend as some people will also take capital gains after the dividend. Look for a triangle pattern to form in the coming months
FMG Technical Analysis, page-6983
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 (20min delay)
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Last
$16.20 |
Change
0.080(0.50%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.34 | $15.91 | $139.5M | 8.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70232 | $16.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 830 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |