The problem is if the Aussie goes up $4 or $5 and the IO price slides another $4 or $5,
FMG becomes a company which makes no money and has over 7 Billion in debt.
Seems unlikely?
Did any one think last year the IO price would slide from over $154 AUD to what it is now$83.6/dmt US{$90/dmt AUD}
It may end up being a good bet but today it is not looking so good!
Tsunami warning, run for the Hills! lol
The problem is if the Aussie goes up $4 or $5 and the IO price...
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Last
$17.26 |
Change
0.250(1.47%) |
Mkt cap ! $53.14B | |||
| Open | High | Low | Value | Volume |
| $17.22 | $17.37 | $17.10 | $105.8M | 6.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $17.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.27 | 19878 | 3 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |