FMG 2.14% $18.36 fortescue ltd

Ann: September Quarterly Production Report, page-29

  1. 7,582 Posts.
    lightbulb Created with Sketch. 2310
    Errrr what.

    The quarter doesn't cover October so they will be net cash again already. Why does having $175m in debt even matter for a company with the cash flow yield they have? Stupid comment.

    The discount widened more than I anticipated, but they are still on track to deliver an outstanding results. My revised numbers for this year if we remain on the same path.

    https://hotcopper.com.au/data/attachments/3734/3734986-28dac3a69f6e6f4dbe674a10847bfe84.jpg


    https://hotcopper.com.au/data/attachments/3734/3734989-bb301f83cb5d4d542a70c10264f6f69b.jpg


 
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