sohoisnotforsale
The drop can not go on forever it has to stop at zero.
From my broker reports FMG would be able to make themselves cashflow positive (just) at these levels. The larger issue is any refinacing that will need to be done due to their now lower credit rating and the fact that US debt markets are effectivly closed to FMG at present
suitable buy price?, page-18
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |