"Paying bills by issuing shares is not unheard of....."
can anyone name another company of similar market cap which has issued shares to pay its bills?
this is a huge red flag IMO, although knowing the history of FMG i wouldn't be surprised to see rumours of a takeover being spread to halt the slide in its share price
fortescue share issue in liue of cash paymnt, page-4
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Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |