Good Post RedRock,
I am considering an entry point for a decent size holding over the long term and am not so much concerned about the small fluctuations in the SP - I don't have a degree in accounting but a quick glance over the financials makes me somewhat concerned there is a $10B debt and with 47% production cost it can fast become not so viable.
So for me it might be ok (as a long-term investor) but for those who want a quick exit and handy buck or two I can only see danger signs - the mortgage lenders have no mercy and the odds seem to stack up in favour of shorter.
I can't see a quick recovery from this point unless something major happens who knows.
Definitely worth watching this space.
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |