Agreed…
One of the largest problems FMG had in its early days was a high level of debt…Net debt these days? SFA…
I also remember when Andrew Forrest decided enough was enough with the shorters and put aside, from memory, $500 million for share buybacks…Again, from memory, he didn’t actually need to spend the entire amount as the shorts beat a hasty retreat. The share price when he decided to do the above? Somewhere between $3 and $4…
The point of the above? Don’t sweat the day to day gyrations. If you are of the opinion that the whole EV/Energy Storage thing is in its infancy then turn the computer off sometimes and ignore the noise…
Have a great weekend everybody and Happy Australia Day for tomorrow…
Ann: Project and Funding Update, page-538
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Last
85.5¢ |
Change
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Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 89.0¢ | 84.5¢ | $11.18M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11235 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 19200 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |