Geezer
You seem to be negative on this stock so I would like to know your thoughts on presentation.
It seems they are heading to margins just above RIO and BHP and which provide significant surplus even at recent IO lows.
Have only one facility maturing in 2013 to deal with and even that does not seem fully drawn. I assume current syndicated loan will be used to replace this one.
Seems that if IO prices stay to low chinese IO industry will collapse.
Where is the evidence thyat this is a company near collapse ?
GeezerYou seem to be negative on this stock so I would like to...
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Last
$21.52 |
Change
-0.100(0.46%) |
Mkt cap ! $66.25B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.61 | $21.25 | $97.49M | 4.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3904 | $21.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.54 | 4837 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |