FMG 0.87% $21.71 fortescue ltd

FMG Technical Analysis, page-34

  1. 15,387 Posts.
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    @Samboy69

    I'm confused ?


    FMG needs another large debt repayment

    It is now my understanding that we cannot pay any of the principal of the $2.16bn debt prior to March 2018 ? ...and the unsecured notes of $750m each with different maturity dates also have restrictions on early repayment ?? Happy to be wrong, but I do not see how you anticipate they can make a debt repayment with these parameters ?

    Share buyback - sure .... increased divvie - sure ... happy with either ..

    Not unhappy with the war chest of cash at bank either ... hehe
 
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