$5 easy.
Now let's look at Debts:
Cash in the bank on 31st of March: US$1.5B
20c Dividend: -US$470M
April cash flow: US$70 @ 75%: US$330M (worst case scenario)
Cash at end of April: US$1360M
Now they want another US$1000M to bring cash up to $2360M
FMG can't touch the $2160M 2022 until next April so the remain debt is 976M + 478M = US$1454M
I said most likely both of these Debts will be paid off and so we get a better financial outcome, i.e. lower interest rate payment.
DYOR.
Frank.
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$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B |
Open | High | Low | Value | Volume |
$17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $17.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.35 | 28897 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 17.330 |
3 | 1302 | 17.310 |
4 | 4250 | 17.300 |
2 | 2522 | 17.290 |
2 | 1080 | 17.280 |
Price($) | Vol. | No. |
---|---|---|
17.350 | 27484 | 2 |
17.380 | 1000 | 1 |
17.450 | 500 | 1 |
17.480 | 1000 | 1 |
17.500 | 3081 | 3 |
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