$ 1.50 is here in a day or 2 at this rate. Margin Calls will be activated and then God helps FMG. I agree the balance sheet is way better than 2008. But IO issues are way worse than 2008 too so that's the mail worry. Who knows even a $! is not out of the Q. Ziggy needs to pull a Chinese Rabbit out of his Hat at a firm investing in FMG's assets or taking a direct stake of say 20% or so is the last throw of Dice left for Twiggy Shorter and Margin Callers are going to screw this lovely True Blue Aussie Icon.
Iron Ore Price, page-332
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |