From business spectator this morning
A near 6 per cent jump in Fortescue Metals’ stock yesterday has reignited rumours of a partial divestment of its lucrative infrastructure assets. The Australian Financial Review reports negotiations with Hebei Steel & Iron may have stepped up of late, with a deal of up to $4 billion mooted. However, it is believed an agreement isn’t yet imminent despite the ongoing talks.
Meanwhile, China’s Fosun has reportedly walked away from a potential deal on Fortescue’s Chichester assets. Earlier this year Baosteel was linked to a potential $2bn-plus purchase of a stake in Fortescue’s Chichester hub in the Pilbara, but nothing came of the talk.
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From business spectator this morning A near 6 per cent jump in...
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B |
Open | High | Low | Value | Volume |
$17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $17.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.35 | 28897 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 17.330 |
3 | 1302 | 17.310 |
4 | 4250 | 17.300 |
2 | 2522 | 17.290 |
2 | 1080 | 17.280 |
Price($) | Vol. | No. |
---|---|---|
17.350 | 27484 | 2 |
17.380 | 1000 | 1 |
17.450 | 500 | 1 |
17.480 | 1000 | 1 |
17.500 | 3081 | 3 |
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