Net cash is cash less liabilities.
So reducing cash by 1 billion and reducing liabilities by 1 billion contra each other out. Thats the no change in Net cash.
Not a dumb comment. Whats dumb is your inability to understand basic accounting conventions.
FMG / IO Outlook and News, page-600
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Last
$19.27 |
Change
-1.080(5.31%) |
Mkt cap ! $59.33B | |||
| Open | High | Low | Value | Volume |
| $20.29 | $20.61 | $18.69 | $319.2M | 16.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35024 | $19.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.28 | 30769 | 3 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |