alleyronin
Unless I have completely misunderstood.
- FMG guidance based on $AUD0.95 cents
- for each 0.01cent decline in AUD production costs decrease by 0.35cent a tonne.
- Lower AUD = lower production costs
- All debt is in $US
- Sales a reported in US$
- 70.0% of revenue is received as US$
If AUD$ tanks this would be a benefit, say $AUD = 80.0cents
and IO price is $100.0mt, based on exchange rate effective selling price would be $125.0MT in AUD
The debt being in $US and receipts in $US, where is the major risk, please explain?
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FMG
fortescue ltd
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$16.23

fortescue takes first step in debt reduction, page-7
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Last
$16.23 |
Change
-0.110(0.67%) |
Mkt cap ! $49.97B |
Open | High | Low | Value | Volume |
$16.15 | $16.45 | $15.94 | $102.0M | 6.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 45600 | $16.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.30 | 12800 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9602 | 16.230 |
2 | 10979 | 16.220 |
1 | 1000 | 16.210 |
1 | 145 | 16.200 |
4 | 1811 | 16.150 |
Price($) | Vol. | No. |
---|---|---|
16.300 | 12800 | 3 |
16.350 | 16035 | 3 |
16.360 | 769 | 1 |
16.370 | 27162 | 1 |
16.380 | 8646 | 2 |
Last trade - 16.20pm 08/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |