Hope so. They are sitting on significant cash and other than pay it out in dividends (not happening), use it for Capex (nope) it seems logical. They are being patient and methodical and still have 4 years up their sleeve till first debt payment due. The interest cost is minimal in 'per tonne' terms so there is no rush. But it sure would shock the market to see some debt paid down this early and would be great for shareholders.
Hope so. They are sitting on significant cash and other than pay...
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Last
$19.08 |
Change
-0.140(0.73%) |
Mkt cap ! $59.14B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.32 | $19.04 | $22.92M | 1.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 122 | $19.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.09 | 2337 | 5 |
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| Last trade - 11.28am 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |