Yeah, interesting, long term it is hard to see FMG remaining as it is. Their choices will be limited, hard to see how they can make any major play without dilution, which Twiggy historically minimises. Too hard to take on addition debt so would need more capital or M&A (with someone who has less debt). This will have required Twiggy to have made a major change concerning FMG. Nev Power may have been off message. Still, interesting times for FMG as it changes into a more mature production based company.
io pure play days numbered, page-2
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Last
$21.86 |
Change
0.040(0.18%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14450 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.87 | 152 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |