FMG 1.26% $18.75 fortescue ltd

My opinionPay down the debt with the highest rate of int 1stBy...

  1. 77 Posts.
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    My opinion

    Pay down the debt with the highest rate of int 1st

    By renegotiating the rate on longer term debt and pushing out the payment dates, will save money.

    Then market conditions are ongoing favourably,
    increased export amounts
    increased prices
    fav exchange rates
    we can then pare down much more debt, pay more in div's and keep a bit for the opps that present themselves

    so i am happy even tho i'm still under my buy in price

    in bottom draw
    cheers
 
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