FMG 1.26% $18.75 fortescue ltd

Price of FMG on 1st Jan 2015, page-41

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    even though many of their costs are closely associated with the USD, especially including debt..

    FMG's revenue is mostly in $US, but 70% of its costs are in $A.
    It has no debt commitment until 2017, and even then it is most likely to be renegotiated at the going rate.
    Last edited by farmboy: 24/11/14
 
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