FMG 0.65% $18.56 fortescue ltd

FMG Technical Analysis, page-6568

  1. 2,531 Posts.
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    You Say: "The cash bonanza cant last forever and that junk bond debt is now higher." This is false and misleading, when in fact the opposite is true - see below.

    Below is a chart of Net Debt. It is clear that FMG has been successfully paying off it's debt over the years. Can you see the trend? This disproves your statement "that junk bond debt is now higher"

    https://hotcopper.com.au/data/attachments/3145/3145131-225986d795d7ef7ce69a1c355e545091.jpg
    And below is cash on hand. FMG have more cash than ever in it's past.

    https://hotcopper.com.au/data/attachments/3145/3145152-c09ecffd2baffcc5f7574efe0484c9a0.jpg

    I am sorry Tomboy, but you cannot make false statements. Happy for you to stick with your subjective chart analysis, but when quoting facts, they need to be objectively true.
 
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Last
$18.56
Change
0.120(0.65%)
Mkt cap ! $57.14B
Open High Low Value Volume
$18.34 $18.68 $18.30 $218.7M 11.78M

Buyers (Bids)

No. Vol. Price($)
9 57703 $18.55
 

Sellers (Offers)

Price($) Vol. No.
$18.60 4301 2
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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