I guess we will all find out tomorrow!
Sell assets and all expansion plans shelved, remain as a 55mtpa producer....
Do a SPP at a low price.
9 Billion or so debt! whatever the outcome FMG will no longer be a growth story, rather a cling onto life story....
Greed, go big with 250% debt, when Chinese alarm bells were ringing.....
Whatever the outcome this stock in my opinion is a casino play!
The appeal of owning such a stock is now gone, its about preserving capital and hope the worst scenario doesn't play out.
- Forums
- ASX - By Stock
- FMG
- fmg casino scenario!
fmg casino scenario!
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B |
Open | High | Low | Value | Volume |
$22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $22.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.42 | 11435 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 22.400 |
2 | 962 | 22.380 |
3 | 22044 | 22.360 |
5 | 44029 | 22.350 |
2 | 1431 | 22.340 |
Price($) | Vol. | No. |
---|---|---|
22.430 | 12787 | 2 |
22.450 | 61163 | 5 |
22.470 | 10022 | 2 |
22.480 | 41169 | 4 |
22.490 | 7448 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |