re: us400 million investment deal signed with leuc well it values FMG shares at $15 and leaves fmg with marketing control and control of their own destiny which i think is good.the partner is wel known in New York and this will help with the bond issue this should be very good for FMG's share price.
Amazing isn't it, offshore investors value Australia's natural resources more than local investors who live in this country,pathetic really,we here in Australia short sell our own assets and lose opportunities like this.
All i can say is 'good on ya Twiggy!!!' you have made me a very happy investor.
equity raising, page-11
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |