"Paying bills by issuing shares is not unheard of....."
can anyone name another company of similar market cap which has issued shares to pay its bills?
this is a huge red flag IMO, although knowing the history of FMG i wouldn't be surprised to see rumours of a takeover being spread to halt the slide in its share price
fortescue share issue in liue of cash paymnt, page-4
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Last
$18.84 |
Change
0.560(3.06%) |
Mkt cap ! $57.33B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.86 | $18.44 | $195.2M | 10.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 8388 | $18.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.85 | 35135 | 32 |
View Market Depth
| Last trade - 12.36pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |