$ 1.50 is here in a day or 2 at this rate. Margin Calls will be activated and then God helps FMG. I agree the balance sheet is way better than 2008. But IO issues are way worse than 2008 too so that's the mail worry. Who knows even a $! is not out of the Q. Ziggy needs to pull a Chinese Rabbit out of his Hat at a firm investing in FMG's assets or taking a direct stake of say 20% or so is the last throw of Dice left for Twiggy Shorter and Margin Callers are going to screw this lovely True Blue Aussie Icon.
Iron Ore Price, page-332
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Last
$22.62 |
Change
0.700(3.19%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $131.3M | 5.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 6416 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |