FMG
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0.45% $22.10 fortescue ltd

Debt, page-155

  1. ML173
    9,576 Posts.
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    03/02/15
    18:50
    Post #: 14691548
    I guess, that makes it simple task for cashflow management and reporting..

    International finance 101 suggested keeping the AUD equivalent to the amount requires to service to local production cost.

    I couldn't find any significant exchange loss reported by FMG for the last quarterly. So I guess you are right in this case... Cheers
    Last edited by ML173: 03/02/15
    FMG Price at posting: $2.37 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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