This time round if they announce say $1.0b net gearing below 30.00% and gross gearing below 40.00% being their target levels. Let alone the interest savings adding to the bottom line.
The credit agencies more than likely will review credit rating and instos may start accumulating.
IO price above $60.00 medium term is all we need
Iron Ore Price, page-13586
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$17.50 |
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Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
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