The focus remains on further reducing debt and this will depend on free cash generation which is impacted by the iron ore price, currently trading around 5 year lows.
Thanks for sharing Rc. My take on this line is, we really want to reduce debt but at current prices it's not happening. Any other views? Guess we will wait to the 29th and see.
IS FMG Next ???, page-104
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$18.19 |
Change
-0.145(0.79%) |
Mkt cap ! $56.09B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $18.05 | $30.53M | 1.681M |
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| No. | Vol. | Price($) |
|---|---|---|
| 19 | 9083 | $18.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 2581 | 14 |
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| FMG (ASX) Chart |