re: fortescue financing deal looms Sounds v complex, as Twiggy is trying to maintain max equity, but have adequate finance, and make it tax effective.
The infrastructure is proposed to be floated off separately..........so it is quite a balancing act. No doubt he wants to avoid dealing with the Chinese who have a habit of pulling the rug - Noble are far more reputable.
Indications are that the market likes it, but as usual we shall have to wait to see the detail.
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re: fortescue financing deal looms Sounds v complex, as Twiggy...
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$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B |
Open | High | Low | Value | Volume |
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3 | 3854 | 16.620 |
6 | 123818 | 16.600 |
1 | 17431 | 16.590 |
1 | 15712 | 16.580 |
Price($) | Vol. | No. |
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16.670 | 40000 | 1 |
16.690 | 7146 | 2 |
16.700 | 4559 | 4 |
16.730 | 1000 | 1 |
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