FMG 0.87% $21.71 fortescue ltd

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

  1. 348 Posts.
    lightbulb Created with Sketch. 23
    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
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.71
Change
-0.190(0.87%)
Mkt cap ! $66.84B
Open High Low Value Volume
$21.77 $21.80 $21.34 $408.6M 18.51M

Buyers (Bids)

No. Vol. Price($)
2 289875 $21.68
 

Sellers (Offers)

Price($) Vol. No.
$21.72 95078 4
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.