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I agree, but that does not mean they will declare bankruptcy any time soon, I think you are jumping the gun too soon.
Last time their back was to the wall, they went to New York refinanced the loans, extended repayment dates and even reduced the interest rate.
They can withstand lower IO price for a time and take corrective action on matters thy can control
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Last
$16.98 |
Change
0.470(2.85%) |
Mkt cap ! $52.28B | |||
| Open | High | Low | Value | Volume |
| $16.94 | $17.21 | $16.81 | $174.6M | 10.29M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $16.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $16.99 | 1604 | 2 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |