The fundamentals are affected by that $5B junk bond debt at high rates, its poison.
CS is taking their pound of flesh monthly
"It is the first time Fortescue has been net cash since it became an exporter in 2008, and marks a victory in its decade-long battle against a dangerously high debt load, which gave the company a near-death experience in September 2012 when iron ore prices suddenly slumped"
The BOD is risking the future by increasing divys & debt & their number 1 priority should be to -
GET RID of the DEBT!
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$16.60 |
Change
-0.180(1.07%) |
Mkt cap ! $51.12B | |||
| Open | High | Low | Value | Volume |
| $16.61 | $16.67 | $16.51 | $18.10M | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2753 | $16.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.61 | 9512 | 22 |
View Market Depth
| Last trade - 10.53am 16/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |