Rod
I agree this level is likely to remain Simply making the point that even in a slightly higher IO price environment 110, FMG seems expensive. If this IO collapse happened a couple of years later FMG would be better placed to deal with it, unfortunately given their debt it's happening much too soon .
A big CR is the answer. Stop the downward spiral early . Think 1.5 -2 billion needed at least
fmg the lehman of the commodities bubble?, page-56
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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 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |