Debt is rising.
Need to do some more research, I suspect their ore grades are the problem hence having to accept lower prices.
In the face of rising demand that is a huge worry.
If grades aren't good, they will be the first to get punished if a pullback or downturn occurs.
fortescue profit dives despite revenue rise, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.45 |
Change
-0.150(0.81%) |
Mkt cap ! $56.68B | |||
| Open | High | Low | Value | Volume |
| $18.38 | $18.54 | $18.33 | $136.3M | 7.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 7126 | $18.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 7497 | 14 |
View Market Depth
| Last trade - 14.41pm 07/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |