FMG 5.04% $17.50 fortescue ltd

FMG Technical Analysis, page-6824

  1. 398 Posts.
    lightbulb Created with Sketch. 51
    I agree that debt is worth monitoring. However, its currently not a massive issue like you seem to think.

    Net debt of ~$1bn versus a market cap of ~$70bn.
    Interest payments of ~$200m versus NPAT of ~$10bn
    Low interest rate. I know you like to compare FMG's unsecured note rate to US treasury rate, but the rate is actually very low for an unsecured corporate debt.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.50
Change
0.840(5.04%)
Mkt cap ! $53.88B
Open High Low Value Volume
$16.89 $17.74 $16.84 $346.2M 19.88M

Buyers (Bids)

No. Vol. Price($)
3 5870 $17.48
 

Sellers (Offers)

Price($) Vol. No.
$17.50 12148 3
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.