This was in yesterdays papers and I mentioned it before that - its been a 'rumour' in the market for over a week. What is interesting, imho, is that the long form focuses on BaoSteel being issued FMG capital in exchange for cash to ramp up production - not to pay down debt.
fmg takeover rumors resurface in market, page-5
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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 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |