FMG 3.09% $17.34 fortescue ltd

Ann: Fortescue Completes US$750m Offer to Repay Debt, page-63

  1. 1,848 Posts.
    lightbulb Created with Sketch. 218
    Don't worry about dictionary.com for now. Google "what is insolvency" or check out investipedia you'll find it has nothing to do with 2c or 1c share prices. Companies with very low share prices can still be solvent if they can pay their debts when they fall due.

    "existential implies the company will be insolvent".

    Yeah, I see why you might associate a dictionary website with another need you have to improve literacy but for the moment you've more urgent deficits to rectify.

    Hope that toddler didn't hurt you too badly. Haven't heard from Andy did that toddler corner him as you were making your escape? ;-)
 
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