That wasn't my question SmugLex,
my question was quite simple at an IO price of US$50, how does FMG print lots of money.
Anyway I have my answer at US$50 it wont.
But the good news is 2021 is very different to FMG past, FMG had serious debt in years gone by, now it doesn't.
So the fear of FMG going bankrupt won't be a factor.
Fair Value For FMG, page-59
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Last
$22.50 |
Change
-0.125(0.55%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.31 | $36.20M | 1.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2984 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 3205 | 25 |
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| Last trade - 12.51pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |