Hi bubsmark,
"There is no doubt that FMG will need to go to the market to raise capital.Yes their pride will be hurt but it needs to happen."
I agree.
Remember when the GFC hit. Those companies that got a CR in quickly were able to make some sort of virtue out of it. They were seen as decisive , well managed , even prudent.
We would all prefer the alternative , not to have to CR , but when cornered by debt and low cash flow, it becomes time to move to repair the balance sheet.
FT
- Forums
- ASX - By Stock
- FMG
- fmg the lehman of the commodities bubble?
fmg the lehman of the commodities bubble?, page-52
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$19.91 |
Change
-0.560(2.74%) |
Mkt cap ! $61.30B |
Open | High | Low | Value | Volume |
$20.75 | $20.75 | $19.86 | $232.1M | 11.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 119100 | $19.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.93 | 30 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 119100 | 19.900 |
2 | 1390 | 19.890 |
3 | 100523 | 19.880 |
5 | 6583 | 19.870 |
4 | 6525 | 19.860 |
Price($) | Vol. | No. |
---|---|---|
19.930 | 30 | 1 |
19.940 | 8000 | 2 |
19.950 | 16000 | 4 |
19.980 | 4000 | 2 |
20.000 | 19089 | 3 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online