bp, i agree, long term it would be the best outcome if they could get through this and come out the other end still holding 100% of the whole caboodle.
Goldman have come out today and forecast iron ore to drop another 30%, Funnily enough that would be $1.00 below FMG costs ($39)
imo its a hard call, i sort of do and don't want them to
Iron Ore Price, page-1593
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$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
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| No. | Vol. | Price($) |
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| 1 | 3136 | $17.73 |
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| Price($) | Vol. | No. |
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