FMG 0.46% $21.52 fortescue ltd

Thank you busy reading a presentation elsewhere today, I won't...

  1. 11,433 Posts.
    lightbulb Created with Sketch. 508
    Thank you busy reading a presentation elsewhere today, I won't cross promote.

    Expected it to be around 100mil.

    So topping up BB account will cost only 122million to date. Very Cheap.

    What I like about BB is while the shares are retired nothing stopping management issuing new shares at high sp should takeover target be identified eg 1billion shares issued at 8 dollars for an all scrip takeover of a 8Billion dollar company to diversify revenues and strengthen company no burden on cash flow being generated at that time.

    Love the BB.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.52
Change
-0.100(0.46%)
Mkt cap ! $66.25B
Open High Low Value Volume
$21.60 $21.61 $21.25 $97.49M 4.544M

Buyers (Bids)

No. Vol. Price($)
3 3904 $21.52
 

Sellers (Offers)

Price($) Vol. No.
$21.54 4837 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.