As a holder I'm not completely sure I want a debt reduction other than through normal interest payments and perhaps usage of the early payments option. To get it otherwise involves the sale of infrastructure or mines that have to have value or they wouldn't be of interest to the buyer. If infrastructure is sold perhaps more will have to be paid to use it in future and so cost efficiencies in future years will be harder not easier. Why not just service the debt and keep the assets is my thought.
Iron Ore Price, page-1342
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |