FMG 1.15% $17.12 fortescue ltd

He could participate in the divy reinvestment plan his 850 mill...

  1. 348 Posts.
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    He could participate in the divy reinvestment plan his 850 mill divy would get him 90 mill shares at $9.51 each.
    or he could put up 1billion of his shares as margin collateral to buy another 1 billion shares at 50% margin ( prob 3% interest ) that would get him to 66% ownership. Of course that's ridiculous how could you buy a billion shares
 
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Last
$17.12
Change
-0.200(1.15%)
Mkt cap ! $52.61B
Open High Low Value Volume
$17.11 $17.23 $17.05 $67.22M 3.887M

Buyers (Bids)

No. Vol. Price($)
19 11675 $17.11
 

Sellers (Offers)

Price($) Vol. No.
$17.13 12919 19
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Last trade - 10.56am 15/08/2024 (20 minute delay) ?
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