FMG 1.69% $19.83 fortescue ltd

Glencore won't make a bid for FMG. FMG is full of debt, has poor...

  1. 1,617 Posts.
    Glencore won't make a bid for FMG.

    FMG is full of debt, has poor quality rocks to sell and a high cost per tonne compared to the big three producers.

    Fact is, right now the market is flooded with good quality rocks, so why would Glencore in their right mind come and buy FMG.
 
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Last
$19.83
Change
0.330(1.69%)
Mkt cap ! $62.37B
Open High Low Value Volume
$19.98 $20.30 $19.74 $98.99M 4.948M

Buyers (Bids)

No. Vol. Price($)
13 1107 $19.82
 

Sellers (Offers)

Price($) Vol. No.
$19.83 768 5
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Last trade - 13.08pm 08/11/2024 (20 minute delay) ?
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